The budget that estimates a firm's projected cash inflows and outflows,and helps managers anticipate borrowing needs,debt repayment,operating expenses and short-term investments is called the______ budget.
A)operating
B)cash
C)capital
D)monetary

Question

Quizplus · Accepted Answer

The cash budget is used to estimate a firm's projected cash inflows and outflows. It helps managers to anticipate borrowing needs, debt repayment, operating expenses and short-term investments. The operating budget focuses on a company's revenues and expenses, while the capital budget is used to plan long-term investments in physical assets such as equipment and buildings. There is no such thing as a monetary budget.

The Budget That Estimates a Firm's Projected Cash Inflows and Outflows,and