We start the process of building a cash forecast with predicting the cash inflow from future sales.This is called ________.
A)a sales forecast
B)a cash forecast
C)a monetary forecast
D)an expense forecast

Question

Quizplus · Accepted Answer

Predicting the cash inflow from future sales is the first step in creating a sales forecast, which in turn is used as the basis for building a cash forecast. Therefore, the correct choice is (A) a sales forecast.

We Start the Process of Building a Cash Forecast with Predicting