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  3. a firm develops an annual cash budget in order to:

A firm develops an annual cash budget in order to: A. Support the preparation...

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Accounting

A firm develops an annual cash budget in order to:
A. Support the preparation of its cash flow statement for the annual report.
B. Ascertain which capital expenditure projects are feasible and which capital expenditure projects should be deferred.
C. Balance the noncash and cash activities of the company.
D. Avoid the opportunity costs of noninvested excess cash and minimize the cost of interim financing.
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