Which budgets are concerned with the inflows and outflows of cash and with financial position?
A)master budgets
B)operating budgets
C)financial budgets
D)continuous budgets

Question

Quizplus · Accepted Answer

Financial budgets are concerned with the inflows and outflows of cash, as well as the financial position of the company. Master budgets include both financial and operating budgets, while operating budgets only deal with the expenses and revenues associated with the day-to-day operations of the company. Continuous budgets are an ongoing process that involve continuously updating and adjusting budgets throughout the year.

Which Budgets Are Concerned with the Inflows and Outflows of Cash