When preparing a cash budget, once a firm has estimated its cash receipts the firm must ____________.
A) plan a pro forma statement
B) schedule disbursements
C) determine the desired cash balance
D) pay dividends to its stockholders

Question

Quizplus · Accepted Answer

After estimating cash receipts, a firm must schedule disbursements to understand its cash outflows and manage its cash balance effectively.

When Preparing a Cash Budget, Once a Firm Has Estimated