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April 19, 2006

No Faxing Fast

The numbers in a cash budget are often taken for precision. A great deal of faith is usually put on them. A moment's reflection, however, would reveal that the figures found in the cash budget merely represent estimates of future cash flows. The actual cash flows are likely to deviate from the estimates provided in the cash budget the extent of deviation depends mainly on how volatile are the cash flows of the

From No Faxing Fast

Posted by Ryan at April 19, 2006 11:21 AM