The timing and the amount of cash flow is important to the financial manager and estimating these cash outflows is part of the ________ process
A)income forecasting
B)revenue forecasting
C)cash forecasting
D)cost forecasting

Question

Quizplus · Accepted Answer

Cash forecasting involves estimating the timing and amount of cash inflows and outflows, which is important for financial managers to make informed decisions about budgeting, investment, and financing. Income forecasting and revenue forecasting focus on estimating future sales or revenue, while cost forecasting involves estimating future costs and expenses.

The Timing and the Amount of Cash Flow Is Important