A financial manager is projecting the firm's cash inflows and outflows to determine if the company will need to increase the loan it has with its bank.What is the manager working on?
A) capital budgeting
B) cash budgeting
C) debt budgeting
D) growth budgeting

Question

Quizplus · Accepted Answer

The financial manager is working on cash budgeting, which involves projecting cash inflows and outflows to determine the company's liquidity and whether it will need to borrow more money. Capital budgeting involves evaluating long-term investment opportunities, debt budgeting involves managing the company's debt, and growth budgeting is not a commonly used financial term.

A Financial Manager Is Projecting the Firm's Cash Inflows and Outflows