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How did the Medici come to power in Florence?
Excess (Deficiency)
The amount by which actual income exceeds or falls short of the budgeted amount.
Cash Budget
A financial tool used by businesses to plan for their cash inflows and outflows over a specific period to manage liquidity.
Budgeted Disbursements
Forecasted cash outflows for a specific period, often part of a company's cash budget and crucial for managing liquidity.
Desired Balance
The targeted amount of funds or resources a company or individual aims to have available at a certain point in time for a specific purpose.
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