Craig Kovar Cash Budget b. Are the four mocthy budpets that are presented prepered as state budgets or hiexisie budgets? c. What are the budget implacations foe Craig Kovar? Craig can tee that his present plan suthoent cash, If Craig did nok budget but went anead with the eriginal plan, he would be 3 at What and of December, whe no time ieft to adjust. As the beginning of the school year, Craig Kovar decibed to prepare a cash budget for the manths of September, Octebar, Nowember, and December. The budget must plan for enough cash en Decemper 3t to pary it sgring semester tuition, which is the same as the falt tuition, The following information reiates to the budget