The principal purpose of the cash budget is to see how much cash the company will have

Question:

The principal purpose of the cash budget is to see how much cash the company will have in the bank at the end of the year. Do you agree? 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...