Part of the cash budget is based on information drawn from the capital expenditures budget.

Name: Part of the cash budget is based on information drawn from the capital expenditures budget.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

The capital expenditures budget outlines the company's planned investments in long-term assets, which can affect the cash budget by determining the timing and amount of cash outflows. Therefore, part of the cash budget can be based on information from the capital expenditures budget.

Part of the Cash Budget Is Based on Information Drawn