The _____ budget is used to project cash flows for the cost of goods produced.

Question

Quizplus · Accepted Answer

The production budget is used to project the cash flows related to the cost of goods produced. It estimates the number of units to be produced and the required raw materials and labor costs. The operating budget shows the revenues and expenses for the entire business, while the capital budget shows the cash flows related to capital expenditures. Depreciation budget is not used to project cash flows as it is a non-cash expense.

The _____ Budget Is Used to Project Cash Flows for the Cost