Examlex
Which of the following describes an effective disaster communications strategy in the Mitigation Phase?
Merchandise Purchases Budget
A financial plan that estimates the cost of goods a company needs to purchase to meet its sales goals.
Sales Budget
A financial plan that estimates the expected revenue from sales for a specific period, taking into account factors like market conditions, historical sales data, and economic forecasts.
Cash Budget
A financial plan that estimates cash inflows and outflows over a specific period of time, often used by businesses to manage cash flow and ensure liquidity.
Minimum Cash Balance
The smallest amount of cash that a company or individual aims to hold in order to meet expected and unexpected needs.
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