When is a cash requirements forecast prepared?
A) After invoices have been approved for payment
B) After a schedule of aged accounts payable has been prepared
C) Before a schedule of aged accounts payable has been prepared
D) At regular intervals

Question

Quizplus · Accepted Answer

A cash requirements forecast is prepared at regular intervals to ensure that a company has a clear understanding of its future cash needs. This allows for better financial planning and management.

When Is a Cash Requirements Forecast Prepared