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According to Guilford, divergent thinking:
Cash Budget
A financial plan that estimates cash inflows and outflows over a specific period, helping businesses manage their cash resources.
Budgeted Cash Disbursements
An estimate of all cash payments that a business plans to make over a specific period, including expenses, purchases, and other payouts.
Selling and Administrative Expense Budget
A detailed plan that estimates the expected selling and administrative expenses for a company over a specific period, helping in the management and planning of overhead costs.
Variable Expense
A cost that varies with the level of output or sales, such as raw materials or sales commissions.
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