Greta is the financial manager at a candy manufacturer. One of her duties is to make a budget that shows the forecasted receipts and expenditures of the company, the amount of working capital available, and the degree to which it should obtain funds from outside of the firm. Greta makes this budget after all other budget estimates have been completed. Greta is working on a ________ budget.

Question

Quizplus · Accepted Answer

Greta is specifically tasked with creating a budget that shows receipts and expenditures, as well as working capital and the need or extent of external funding, indicating that she is working on a cash budget. The other budget types listed (master, cost, production, and sales) do not necessarily focus on these specific elements of financial management.

Greta Is the Financial Manager at a Candy Manufacturer