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    Business
  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 4: Cash Flow and Financial Planning
  5. Question
    The Number and Type of Intervals in the Cash Budget
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The Number and Type of Intervals in the Cash Budget

Question 69

Question 69

True/False

The number and type of intervals in the cash budget depend on the nature of the business. The more seasonal and uncertain a firm's cash flows, the greater the number of intervals and the shorter time intervals.

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