The ________ details how the business expects to go from the beginning cash balance to the desired ending cash balance.
A) capital expenditures budget
B) budgeted income statement
C) cash flow statement
D) cash budget

Question

Quizplus · Accepted Answer

The cash budget details the expected inflows and outflows of cash during a specific period of time and provides a prediction of the ending cash balance. It helps the business manage its cash flow by identifying potential cash shortages or surpluses, and allows for adjustments to be made to spending plans to ensure that there is enough cash to meet operational needs. The other options - capital expenditures budget, budgeted income statement, and cash flow statement - provide different types of financial information but do not specifically address how the business will manage its cash flow.

The ________ Details How the Business Expects to Go from the Beginning