Asked by Mario Alberto on May 21, 2024
Verified
The cash budget presents the expected inflows and outflows of cash for a specified period of time.
Cash Budget
is a financial plan that estimates cash inflows and outflows over a specific period of time, often used for managing liquidity and ensuring financial stability.
Inflows And Outflows
Terms referring to the movement of money into and out of a business or account, representing income and expenses or investments and withdrawals, respectively.
- Perceive the impact of cash and capital expenditures budgets on the planning of financial resources.
Verified Answer
LD
LAUREN DAVISMay 25, 2024
Final Answer :
True
Explanation :
A cash budget is a financial plan that estimates the inflows and outflows of cash for a specific period, helping businesses manage their cash flow effectively.
Learning Objectives
- Perceive the impact of cash and capital expenditures budgets on the planning of financial resources.
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