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In forecasting a firm's cash needs for some future period A)the percent-of-sales method is a broad-brush approach. B)cash budgets are more exact than the percent-of-sales
In forecasting a firm's cash needs for some future period A)the percent-of-sales method is a "broad-brush" approach. B)cash budgets are more exact than the percent-of-sales method. C)a cash budget approach can deal effectively with both level and seasonal production schedules. D)all of these
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