The cash budget reflects
A) all revenues and all expenses for a period.
B) expected cash receipts and cash disbursements from all sources.
C) all the items that appear on a budgeted income statement.
D) all the items that appear on a budgeted balance sheet.

Question

Quizplus · Accepted Answer

The cash budget reflects expected cash receipts and cash disbursements from all sources. It does not include all revenues and expenses, or items that appear on a budgeted income statement or balance sheet. The purpose of the cash budget is to track the flow of cash in and out of a business over a certain period of time.

The Cash Budget Reflects