Preparing a cash budget is part of the process. A. control B. cash C. monitoring D. planning
Question
Preparing a cash budget is part of the process. A. control B. cash C. monitoring D. planning
Solution
The correct answer is D. Planning. Preparing a cash budget is part of the planning process in financial management. This process involves forecasting the cash inflows and outflows over a certain period to ensure that the company has enough cash to meet its obligations. It also helps in identifying any surplus cash that can be invested to earn returns.
Similar Questions
Explain one purpose of preparing a cash budget. [2]
All of these are ways in which the cash budget can assist decision making, except:Group of answer choicesidentifying suitable times for the purchase of non-current assets.assisting with the planning and use of borrowed funds.showing the assets and liabilities owned by the firm.identifying periods of expected cash shortages or surpluses.
budgeting process.
A cash budget is one in which: a。Group of answer choices b。credit sales and cash sales are recorded. c。credit sales and all expenses are recorded. d。 cash sales and cash expenses are recorded. e。 cash sales and all expenses are recorded.
Cash budget
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.