A cash flow table is different than a budget in that a cash flow table Multiple Choice most commonty uses monthly or annual intervals, while a budget most commonly uses daily or weekly intervals. only focuses on income, while a budget only focuses on expenses can be for any period of time, while a budget must be in monthly intervals. forecasts expenses and income over a set period of time, while a budget outlines what you are currently earning and spending tells you what you are currently doing with your money, while a budget shows what you plan to do with your money in the future.
A cash flow table is different than a budget in that a cash flow table Multiple Choice most commonty uses monthly or annual intervals, while a budget most commonly uses daily or weekly intervals. only focuses on income, while a budget only focuses on expenses can be for any period of time, while a budget must be in monthly intervals. forecasts expenses and income over a set period of time, while a budget outlines what you are currently earning and spending tells you what you are currently doing with your money, while a budget shows what you plan to do with your money in the future.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A cash flow table is different than a budget in that a cash flow table
Multiple Choice
most commontly uses monthly or annual intervals, while a budget most commonly uses daily or weekly intervals.
only focuses on income, while a budget only focuses on expenses
can be for any period of time, while a budget must be in monthly intervals.
forecasts expenses and income over a set period of time, while a budget outlines what you are currently earning and spending.
tells you what you are currently doing with your money, while a budget shows what you plan to do with your money in the future.
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