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Nominal income is equal to real income if the CPI is less than 100.
Cash Budget
A financial plan that estimates cash inflows and outflows over a particular period of time, often used to assess liquidity.
Budgeted Sales
Projected sales figures used in financial planning and budgeting that estimate future sales during a specific period.
Budgeted Purchases
An estimate of the total purchases a business plans to make during a certain time period.
Amount Collected
The total money received or gathered from various sources, such as payments or sales.
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