A ________ forecast predicts the future cash inflows and outflows in future periods.
A) money based
B) short-term
C) cash flow
D) long-term

Question

Quizplus · Accepted Answer

A cash flow forecast predicts the expected cash inflows (receipts) and outflows (disbursements) over a specific future period, which helps in creating a better understanding of how much cash will be available and when it will be available. Other options are incorrect, as a money-based forecast may not necessarily provide information on cash, short-term and long-term forecasts may focus on other financial aspects rather than just cash, and may not necessarily include cash inflows and outflows over specific periods.

A ________ Forecast Predicts the Future Cash Inflows and Outflows