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Cash budgets are prepared on a short-term basis such as on a monthly, quarterly, or even weekly basis: (a) true (b) false.

Cash budgets are prepared on a short-term basis such as on a monthly, quarterly, or even weekly basis: (a) true (b) false.

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Question added by Anayatullah Tahir , Finance Manager , Etqan Projects
Date Posted: 2014/04/06
Muhammad Akram Shahzad Mughal
by Muhammad Akram Shahzad Mughal , Assist. Manager Inventory & Warehouse , KahrPlast Co.

Its True!!!

 

Cash movement depends on the operation of the organization. In some cases cash budgets prepare on daily basis.  

SREEDEVI SUNILKUMAR
by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline

True

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

YES TRUE

Umer Aziz
by Umer Aziz , Senior Accountant , TERNA Bahrain Holding - GEK Group (www.terna.gr)

Indeed, it is True. Cash Budgets are prepared on Short term basis.

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

>>> True indeed >>>> agree with all

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The Answer True

Shaji Joseph
by Shaji Joseph , Chief Accountant , Imar Trading and Contracting

True

Cash Budget will determine the cash position of the company to take the further steps 

Aliya Bhat
by Aliya Bhat , Chief Accountant , Mobile Telecom Group

True. The shorter the term more close the estimates of the budget. weekly will be more closely than monthly, monthly more close than quarterly and so on.

Sankar potty
by Sankar potty , CFO , Salem Mohsen Al Harty Estt.

True.  Cash-Budgets are prepared  for a minimum period of  1-3 months.  Quarterly Cash-flows/Budgets are ideal  as the events can be  forecast with a near accuracy and the Institutional Financing can be substantiated even a high probability.

KRISHNAN RAGHAVENDRAN
by KRISHNAN RAGHAVENDRAN , Chief Accountant, French bakery / La Marquise Coffee Shop, Dubai , FRENCH BAKERY LLC

Yes. it is true.I wlll be for the short term

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