_____ forecasts the types and amounts of assets a firm will need to implement its future plans and help financial managers determine the amount of additional financing the firm must arrange in order to acquire those assets.
A) A query report
B) The cash budget
C) A statement of cash flows
D) The budgeted balance sheet

Question

Quizplus · Accepted Answer

The budgeted balance sheet forecasts the types and amounts of assets a firm will need to implement its future plans and helps financial managers determine the amount of additional financing required.

_____ Forecasts the Types and Amounts of Assets a Firm