Stevie is preparing a budget that shows the company's expected sales receipts and expenditures for the year, a projection of how much cash will be available each month, and the extent of outside financing the company might need. This is a ________ budget.
A)capital
B)cash
C)cost
D)production
E)sales

Question

Quizplus · Accepted Answer

The description of the budget Stevie is preparing includes a projection of how much cash will be available each month, which is characteristic of a cash budget.

Stevie Is Preparing a Budget That Shows the Company's Expected