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1 why is it important to plan for the amounts and timing of

1. Why is it important to plan for the amounts and timing of cash inflows and outflows?

2. What is money, and how does it differ from profits?

3. Discuss five methods commonly used to increase cash inflows.

4. Discuss four methods to decrease cash outflows.

5. What are the relationships among planning, budgeting, and forecasting?

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