Explain why do you think accurate cash budgets would be

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Q. It is often said in business the "cash is king." This has been especially true during the recent economic downturn. I personally consider cash forecasting and cash budgeting to be among the most important reports I create and monitor. Explain why do you think accurate cash budgets would be so important also Is is possible for a Industry to have a profitable income statement and/or a solid balance sheet and still have cash flow problems? Explain why or explain why not? Illustrate what would be some examples when this might be the case?

Reference no: EM13107032

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