BUSINESS FINANCE I Dersi Financial Planning and Control soru detayı:

PAYLAŞ:

SORU:

What are the basic aims to prepare cash budgets?


CEVAP:

The basic aims to prepare the cash budgets are (Tezel and McManus, 1999, 78) :

  • To make available the required amount of cash for the realization of planned activities,

  • To determine the cash shortfall and/or excess,

  • To coordinate the cash management for working capital, sales, liabilities and

    procurements,

  • To define the funding sources when necessary,

  • To plan an effective collection policy,

  • To stipulate the availability of cash for

    investments,