No single planning document is more important in the life of a company than the
A) income statement.
B) cash budget.
C) balance sheet.
D) corporate charter.

Question

Quizplus · Accepted Answer

The cash budget is crucial because it helps a company manage its cash flow, ensuring it has enough cash to meet its obligations and invest in growth opportunities. It reflects the company's liquidity and operational efficiency over a specific period.

No Single Planning Document Is More Important in the Life