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Preparing a cash budget is important because it: provides an early warning system with respect to future shortages of cash and provides a standard against

Preparing a cash budget is important because it:

provides an early warning system with respect to future shortages of cash and provides a standard against which future performance can be judged

provides a standard against which future performance can be judged

is an essential first step in preparing sources and uses of cash statement.

provides an early warning system with respect to future shortages of cash.

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