Financial projections - based on incorrect data


What would happen if financial projections were based on incorrect data? For example, if your booked accounts receivable is significantly higher than the actual accounts receivable and cash inflows, does your expense budgeting change? Would your cash flow change? How would you handle suppliers or capital budgeting for this time period? What reports or ratios would you consider in monitoring the financial situation?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Financial projections - based on incorrect data
Reference No:- TGS025422

Expected delivery within 24 Hours