Examlex
As labour is progressively divided vertically, timely communication and coordination can become easier to achieve.
Desired Balance
The optimal amount of funds an individual or business aims to maintain in an account.
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.
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