When a company is preparing a budgeted cash flow statement and it wishes to calculate the payments for operating expenses,it should refer to which of the following?
A) Budgeted cash payments for purchases
B) Sales budget
C) Budgeted balance sheet
D) Budgeted cash payments for operating expenses

Question

Quizplus · Accepted Answer

The budgeted cash payments for operating expenses will provide the most accurate estimate of cash outflows for the company's operating expenses. The other options (A, B, and C) are not directly related to calculating payments for operating expenses.

When a Company Is Preparing a Budgeted Cash Flow Statement