The cash budget and the budgeted statement of cash flows both provide information about cash.  What information about cash is common to these two sources, and what information is unique to the twosources?  Assume that in preparing the cash budget, the accountant discovers that a cash shortage will likely occur in a specific month.  What actions might the accountant recommend to management to deal with the cash shortage?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The cash budget and the budgeted statement of cash flows both provide information about cash.  What information about cash is common to these two sources, and what information is unique to the twosources?  Assume that in preparing the cash budget, the accountant discovers that a cash shortage will likely occur in a specific month.  What actions might the accountant recommend to management to deal with the cash shortage?

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