Is it important to monitor a cash budget only in times of a liquidity crisis? Why or why not?© BrainMass Inc. brainmass.com March 4, 2021, 6:25 pm ad1c9bdddf
It is important to monitor the budget both during fat and thin times. Monitoring during the fat times still allows trending of purchase practices and money influx. This is also the time to ...
In a sincinct explanation, the author explains the rationale for minding the cash budget.