A cash flow statement that is based on forecasted cash flows for a future time period is called a(n)
A) cash outflow.
B) net cash flow.
C) income statement.
D) budget.

Question

Quizplus · Accepted Answer

A cash flow statement based on forecasted cash flows for a future period is referred to as a budget, specifically a cash flow budget. This type of budget helps in planning and managing the expected cash inflows and outflows over a future period, aiding in financial planning and ensuring liquidity.

A Cash Flow Statement That Is Based on Forecasted Cash