The schedule of expected cash receipts and disbursements that predicts the effects on the cash position at the given level of operations is ________.

Question

Quizplus · Accepted Answer

A cash budget is a detailed plan that outlines all expected cash inflows and outflows. It predicts the effects on the cash position at the given level of operations, making it the best choice among the options provided. A flexible budget is a budget that can adjust to changes in volume or activity levels. An operating budget is a forecast of income and expenses that helps a company plan how much to spend and make in the coming year. An unexpected budget and administrative budget are not common budgeting terms.

The Schedule of Expected Cash Receipts and Disbursements That Predicts