Healthcare Financial Management
The purpose of preparing a cash budget is to lead the organization toward maximum financial efficiency and to anticipate cash needs and be ready to fill the needs. It is important because the efficiency created will save money by not wasting money with lag times and unnecessary borrowing of money to fill the gaps.
After posting your response, respond to two other peers’ posts. Do you agree or disagree with their posts and why?
Please respond to the initial question by day 5 and be sure to post two additional times to peers and/or instructor by day 7. The initial post by day 5 should be a minimum of 150 words. If you use any source outside of your own thoughts, you should reference that source. Include solid grammar, punctuation, sentence structure, and spelling.