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Quickbooks Advanced Certification What are 2 key benefits of budgeting?(Select all that apply) A budget can be used as an estimate to get projected revenues
Quickbooks Advanced Certification
What are 2 key benefits of budgeting?(Select all that apply)
- A budget can be used as an estimate to get projected revenues as well as costs.
- A budget can be used to estimate income and expenses to help with cash flow.
- A mid-year revised "outlook" can be created with actuals for the first part of the year and revised forecast for rest of year when created mid-year.
- The budget can be adjusted for projected payables and receivables based on terms.
- A budget can be created for Loan Balances.
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