The amount and timing of cash flows is the focus of the cash receipts and disbursements budget.

Question

Quizplus · Accepted Answer

The cash receipts and disbursements budget is a financial tool used to predict the timing and amount of cash inflows and outflows for a given period. It helps businesses manage their cash flows by providing a forecast of when cash will be received and when it will need to be paid out. Therefore, the amount and timing of cash flows is indeed the focus of this budget.

The Amount and Timing of Cash Flows Is the Focus