Asked by Academic Research on Jul 02, 2024
Verified
A cash flow analysis is a type of budget that helps people plan for future spending and savings.
Cash Flow Analysis
A detailing of how money comes in and how money goes out over a fixed period of time.
Budget
An estimate of income and expenditure for a set period of time.
- Understand how to plan for and analyse future spending and savings through budgeting tools like cash flow analysis.
Verified Answer
ZK
Zybrea KnightJul 03, 2024
Final Answer :
False
Explanation :
A cash flow analysis is a tool used to assess the inflows and outflows of cash in a business or personal finance context, primarily to understand liquidity positions, not specifically to plan for future spending and savings like a budget.
Learning Objectives
- Understand how to plan for and analyse future spending and savings through budgeting tools like cash flow analysis.
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