Multiple choice

Cash budget method can be used by the banks in providing working capital needs of seasonal industries, software development, services sector activities and film production.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The cash budget method is a standard financial tool used by banks to assess the liquidity and working capital requirements of businesses with fluctuating cash flows, such as seasonal or project-based industries.