Monitoring the financial situation


What would happen if your financial projections were pased on incorrect data? For example if your booked AR is significantly higher this quarter than your actual AR an cash inflows, does your expense budgeting change? would your cash inflos 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?

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Accounting Basics: Monitoring the financial situation
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