REVOLVING FUND Definition

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REVOLVING FUND is money that is renewed as it is used.

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FORESEEABLE is what may be reasonably anticipated.

SALES AND COLLECTIONS BUDGET represents one of the first steps in the budgeting process, as items such as inventory levels and operating expenses are driven off of the Sales and Collections Budget. Effective sales budgeting is a key factor in building a useful and representative financial model for a business. Regardless of the nature of your business (for example, whether it is product or service-based).

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