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10 cards from this deck
Planning tool for internal control & informed decisions
Flow of actual money in and out of business
Forecast future cash receipts and payments
All income & expenses regardless of when cash changes hands
Forecast future profits or losses
Systematic plan for collecting money customers owe
Plan for when business pays money it owes to suppliers
During the month when the sale occurs
Appear immediately when sale is made
Only when payment is actually received from debtors
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