The forecast of cash receipts and disbursements for the next planning period is called a:
A)pro forma income statement.
B)statement of cash ﬂows.
C)cash budget.
D)receivables analysis.
E)credit analysis.

Question

Quizplus · Accepted Answer

The forecast of cash receipts and disbursements for the next planning period is called a cash budget. A pro forma income statement is a projected income statement, statement of cash flows shows the inflow and outflow of cash over a specific period of time, receivables analysis looks at the aging of a company’s accounts receivable, and credit analysis is the process of evaluating the creditworthiness of a potential borrower.

The Forecast of Cash Receipts and Disbursements for the Next