Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is it important to monitor a cash budget only in times of a liquidity crisis?

April 26, 2017budget cash crisis liquidity monitor times

0

Posted

Is it important to monitor a cash budget only in times of a liquidity crisis?

1 Answer

0

Posted

The bottom line is you should be monitoring your cash budget at all times, not just when a liquidity crisis occurs. By monitoring your cash, you can more accurately predict certain trends and possibly eliminate a liquidity crisis before it happens.