Which of the following statements are true with regard to a cash budget? Check all that apply.

A cash budget is a forecasted statement that shows how a company$$s cash will be obtained and how it will be spent.

Cash budgets provide less specific financial information than the percentage$-$of$-$sales method and the statement of cash flows.

A cash budget provides information about a company$$s ability to repay its loans or meet its other obligations.

The single biggest disadvantage of the cash budget is that it is not useful in identifying a firm$$s potential cash shortages.