Which one of the following is one of the main purposes of preparing a cash receipts and disbursements budget?
A)to find investment opportunities for anticipated surpluses
B)to reconcile cash on hand
C)to determine production needed
D)to determine how many units need to be sold

Question

Quizplus · Accepted Answer

The main purpose of a cash receipts and disbursements budget is to manage cash flow by identifying periods of surplus or deficit, allowing a company to plan for investment opportunities or financing needs.

Which One of the Following Is One of the Main