The primary reason for preparing a cash budget is to determine the amount of cash to include

Question:

The primary reason for preparing a is to determine the amount of cash to include on the budgeted balance sheet. Do you agree or disagree with this statement?
Explain.

Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment. Its primary purpose is to provide the...