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1. whats is the cash budget & cash flow forecast?
2. what’s the difference between those?
please give an exampleThey are the same thing and are explained in our free Paper MA lectures.
The cash budget I believe is fixed. Cash forecast is based on cash budget but you update it with the actual cash flows that come in and out every day. So at the end of the financial year, your cash budget has now become your actual cash flows through the year.
Is this correct? at least can you tell me this? it going to a help for me
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