cash budget is based on
A) Past performance
B) Future estimates
C) Arbitrary
D) None of the above
Answers
Answered by
2
Answer:
future estimates
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Answer:
QUESTIONS:-
cash budget is based on?
Future estimates
Definition: -
- A cash budget is a budget or plan of expected cash receipts and disbursements during the period. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payments. In other words, a cash budget is an estimated projection of the company's cash position in the future.
What are budgets based on?
- A budget is a forecast of revenue and expenses over a specified period and is an integral part of running a business efficiently. A static budget is a budget with numbers based on planned outputs and inputs for each of the firm's divisions.
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