As a finance manager at All Sports Communication,Charlie worries about the firm's borrowing and debt repayment requirements for the next year.He knows the benefit of estimating All Sports' money disbursements and short-term investment expectations.Facing these concerns,a(n)______would provide Charlie with valuable information.
A)capital budget
B)line item budget
C)cash budget
D)operating budget

Question

Quizplus · Accepted Answer

A cash budget is designed to forecast a company's cash inflows and outflows for a specific period. It helps managers like Charlie to manage short-term liquidity and make informed decisions about borrowing and investment. Therefore, a cash budget would provide valuable information to Charlie.

As a Finance Manager at All Sports Communication,Charlie Worries About