3. Explain why a cash flow budget is a very important management tool for a farm business. [10]
Question
3. Explain why a cash flow budget is a very important management tool for a farm business. [10]
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Solution 1
- Cash Flow Management: A cash flow budget helps a farm business manage its cash flow effectively. It provides a forecast of when and how much money will be coming in and going out of the business. This allows the business to plan for periods of cash shortage and surplus, ensuring that it can meet Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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