A Cash Budget Has Value Only If You Use It,review

question 161

True/False

A cash budget has value only if you use it,review it regularly,and keep careful records of income and expenses.

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Definitions:

Business Transactions

Financial or commercial activities that involve the exchange of goods, services, or information between businesses or within a business.

Virtue

A trait or quality deemed to be morally good and thus is valued as a foundation of good moral being.

Moral Standards

The principles of right and wrong that are accepted by an individual or a social group, serving as a guide for ethical behavior and decision-making.