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What is a cash budget, and how can this statement be used to help reduce the amount of cash that a firm needs to carry?

What is a cash budget, and how can this statement be used to help reduce the amount of cash that a firm needs to carry? What are the advantages and disadvantages of daily over monthly cash budgets, and how might a cah budget be used when a firm is negotiating a loan from its bank? Answer question with at least 150 words.

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