Answer:
c) Cash budget
Explanation:
A cash budget is that which shows the expected future cash inflows and cash outflows for a business over a certain period of time. In addtion, a cash budget gives information about how much shortage or surplus in cash there will over the same period.
With the information provided by a cash budget, a business is able to prepare ahead, like arrange for a loan during period of cash shortage or invest surplus cash.
Answer:
Cash budget
Explanation:
A cash budget is an estimate 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.
