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On what basis are cash budgets generally prepared? Group of answer choices Weekly basis Monthly basis...

On what basis are cash budgets generally prepared?

Group of answer choices

Weekly basis

Monthly basis

Quarterly basis

Annually basis

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Answer #1
On what basis are cash budgets generally prepared?
Ans: Monthly basis
Explanation:- Cash budgets are usually prepared on monthly basis to calculate the monthly end cash balance by determining cash receipts and cash payments during the month and net excess/deficit in cash for the month so that necessary arrangement can be done for the surplus/deficit cash.

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