_______________ 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 and financial position. Master budgets are comprehensive budgets that include all types of budgets, including financial budgets, operating budgets, and continuous budgets; operating budgets focus on revenues and expenses related to day-to-day operations, and continuous budgets are regularly updated budgets used for ongoing planning and control.

_______________ Are Concerned with the Inflows and Outflows of Cash