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) a revenue forecast

Question

Quizplus · Accepted Answer

The process of predicting cash inflow from future sales is called a sales forecast. This forecast is then used as a basis for creating a cash forecast, which predicts the company's future cash inflows and outflows. While revenue and monetary forecasts are related to cash flow, they are not specific to predicting cash inflows from sales.

We Start the Process of Building a Cash Forecast with Predicting