Cash Disbursement Budgets

Cash disbursement budgets:

A) Are prepared to facilitate the preparation of government-wide financial statements.
B) Are usually prepared for each month of the year, or for shorter intervals, in order to facilitate planning short-term borrowings and investments.
C) Are prepared only for funds not required to operate under legal appropriation budgets.
D) Are prepared only for each fiscal year because disbursements for each month are approximately equal.