Purchase Solution

How the nature of business affects cash budgeting decisions

Not what you're looking for?

Ask Custom Question

Imagine you are preparing a business's cash budget, which involves determining the amount of cash to keep on hand. How might the nature of the business affect your decision? Provide specific examples in your response.

Purchase this Solution

Solution Summary

This solution explains how the nature of business affects cash budgeting decisions.

Solution Preview

The nature of the business would affect the determination of how much cash to keep in hand in a few different ways. If the business is a bar, restaurant, or other establishment that takes in a lot of cash, and deals mainly in cash, it's likely that they'll need more cash on hand as ...

Purchase this Solution


Free BrainMass Quizzes
Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.