A cash budget does all of the following EXCEPT:
A)helps a company manage cash by planning cash receipts and cash payments.
B)determines if the company will have excess cash available for investing purposes.
C)determines if the company will need to borrow money.
D)assess the riskiness of a new product.

Question

Quizplus · Accepted Answer

A cash budget is primarily concerned with managing cash flows, determining cash surpluses or deficits, and planning for borrowing or investing, but it does not assess the riskiness of a new product.

A Cash Budget Does All of the Following EXCEPT