Which of the following budgets involves the preparation of cash budgets?
A)A marketing budget
B)A financial budget
C)An overhead budget
D)A sales budget

Question

Quizplus · Accepted Answer

A financial budget involves the preparation of cash budgets as it focuses on the overall financial plan of the organization, including projected income, expenses, and cash flow. Cash budget is an important component of the financial budget as it helps in managing the cash flow of the organization. A marketing budget focuses on the marketing activities of the organization, an overhead budget focuses on the fixed and variable costs of the organization, and a sales budget focuses on the projected sales of the organization.

Which of the Following Budgets Involves the Preparation of Cash