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All of the following statements are correct concerning the use of a cash budget EXCEPT: O The cash budget can be used to determine if

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All of the following statements are correct concerning the use of a cash budget EXCEPT: O The cash budget can be used to determine if cash will be available at the end of the period to pay back a loan. O The cash budget can be used to determine whether a company will have satistactory profitability The cash budget can be used to help determine whether a company will be co covenants. th bond O The cash budget can be used to help determine whether a company will need external financing during a time period

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