Jun 21st, 2015
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Assets: The property or resources owned by the business. Assets are frequently listed in two categories, current and non-current. Current Assets: Cash or other assets that can be converted to cash through the normal operations of the business during the year.

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qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwerASSIGNMENT OF CORPORATEFINANCEtyuiopasdfghjklzxcvbnmqwertyuiopasSubmitted BydfghjklzxcvbnmqwertyuiopasdfghjklzxSONAL SRIVASTAVA201211994cvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxc1.Discuss the utility of cash budget as a tool of cash management. What are the stepsinvolved in the construction of cash budget. Give an example.A cash budget is important for a variety of reasons. For one, it allows you to make managementdecisions regarding your cash position (or cash reserve). Without the type of monitoring imposedby the budgeting process, you may be unaware of the cash flow through your business. At theend of a year or a business cycle, a series of monthly cash budgets will show you just how muchcash is coming into your company and the way it is being used. Seasonal fluctuations will bemade clear.Following are the utility of cash budget as a tool of cash management.1. Helpful in Planning. Cash budget helps planning for the most efficient use of cash. Itpoints out cash surplus, or deficiency at selected point of time and

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