MANAGEMENT

Detailed explanation-1: -A cash flow budget is an estimate of all cash receipts and all cash expenditures that are expected to occur during a certain time period. Estimates can be made monthly, bimonthly, or quarterly, and can include nonfarm income and expenditures as well as farm items.

Detailed explanation-2: -A cash budget is an estimate of the actual money received and paid out for a specific period.

Detailed explanation-3: -What Is a Cash Budget? A cash budget is an estimation of the cash flows of a business over a specific period of time. This could be for a weekly, monthly, quarterly, or annual budget. This budget is used to assess whether the entity has sufficient cash to continue operating over the given time frame.

Detailed explanation-4: -2. Short-Term Budget: A budget prepared for a period less than a year is called short-term budget. Short term budgets are prepared for actual implementation and it has a practical value.

Detailed explanation-5: -What is a Short-Term Cash Budget? Short-term cash budgets aim to solve cash requirements on a weekly or monthly basis. These budgets help forecast the payments that need immediate fund allocation and identify sources that can help offset this requirement.