The schedule of cash collections from customers has ________.
A) cash sales only
B) collections on credit sales only
C) A and B
D) budgeted purchases

Question

Quizplus · Accepted Answer

The schedule of cash collections from customers includes both cash sales and collections on credit sales. This schedule is used to estimate the total cash inflow from customers over a period, incorporating immediate cash receipts as well as those collected over time from credit sales.

The Schedule of Cash Collections from Customers Has ________