Cash Budget is:

detailed plan showing how cash resources will be acquired and used over a specific period of time B. a detailed plan that shows the direct labor hours required to fulfill the production budget C. a detailed plan for the future that is usually expressed in formal quantitative terms D. a detailed plan showing the number of units that must be produced during a period in order to satisfy both sales and inventory needs.

Question

Jesse Lutz

Business

22 December, 10:00

Cash Budget is:

detailed plan showing how cash resources will be acquired and used over a specific period of time B. a detailed plan that shows the direct labor hours required to fulfill the production budget C. a detailed plan for the future that is usually expressed in formal quantitative terms D. a detailed plan showing the number of units that must be produced during a period in order to satisfy both sales and inventory needs.

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Answers (1)

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Alyssa Holloway · Answer 1

A detailed plan showing how cash resources will be acquired and used over specific period of time.

Explanation:

A cash budget can be defined as the measurement of the amount of money that is present in an organization. A cash budget can also be described as a planning tool that is used to estimate the amount of money that flows into and out of the company.

A cash budget enables an organization to become more resourceful and also avoid incurring a large amount of debt. A cash budget also gives an outline of how much money an organization makes within a specific period of time.