In a master budget,the schedule of cash disbursements for operating expenses is used to prepare the ________.
A) capital budget
B) purchases and cost of goods sold budget
C) sales budget
D) cash budget

Question

Quizplus · Accepted Answer

The schedule of cash disbursements for operating expenses is used to prepare the cash budget, which outlines the expected inflows and outflows of cash for a given period of time. The cash budget is an important part of the master budget as it helps to ensure that the company has sufficient cash on hand to meet its obligations when they become due. The capital budget is used to plan for long-term investments, the purchases and cost of goods sold budget is used to project the cost of goods sold and the inventory needed to support sales, and the sales budget is used to forecast sales revenue.

In a Master Budget,the Schedule of Cash Disbursements for Operating