To forecast cash receipts, information must be collected from:
A)The purchasing process
B)Payroll processing
C)Inventory control systems
D)The sales process

Question

Quizplus · Accepted Answer

To forecast cash receipts accurately, information must be collected from the sales process. This is because cash receipts are directly related to the sales made by a company, including both cash sales and collections on credit sales. The sales process provides the necessary data to estimate when and how much cash will be received.

To Forecast Cash Receipts, Information Must Be Collected From