__________ is a financial budget that estimates cash flows on a daily basis or weekly basis to ensure that the company can meet its obligations.
A) Capital expenditure budget
B) Balance sheet budget
C) Cash budget
D) Revenue budget
E) Profit budget

Question

Quizplus · Accepted Answer

A cash budget estimates the inflows and outflows of cash on a daily or weekly basis to ensure that the company has enough cash to meet its financial obligations. The other budgets listed, such as capital expenditure budget, balance sheet budget, revenue budget, and profit budget, do not focus specifically on cash inflows and outflows.

__________ Is a Financial Budget That Estimates Cash Flows on a Daily