Title: Explain how cash budgets are used to achieve the goals of an agribusiness.
Course: Agricultural Business Operations II (18201-36) > Section: Managing Financial Records and Reports

Explanation should include

- components of cash budgets
  - anticipated revenues
  - production costs
  - overhead costs
  - profit
- factors affecting management of cash budgets
  - price fluctuations of inputs/outputs
  - financial investment performance
  - capital purchases
  - human resources
- components of cash budgets to minimize liabilities and maximizing profit
  - delayed payment of expenses
  - prepayment of expenses.

Process/Skill Questions:

- What are strategies one could use to manage components of cash budgets to minimize liabilities and maximize profit?
- What factors affect management of cash budgets?
- What are advantages and disadvantages associated with cash budgets?