Which of these involves a projection of future cash receipts and cash disbursements?
A) cash budget
B) balance sheet
C) income statement
D) none of the above

Question

Quizplus · Accepted Answer

A cash budget involves projecting future cash receipts and cash disbursements in order to determine expected cash flows. The balance sheet and income statement, on the other hand, provide information about the company's financial position and performance at a specific point in time or over a period of time, respectively.

Which of These Involves a Projection of Future Cash Receipts