A budgeting device on which annual estimated income and expenses are recorded for each month in an effort to look at surplus or deficit situations is called a
A)cash-flow calendar.
B)revolving savings fund.
C)cash budget.
D)budget control statement.

Question

Quizplus · Accepted Answer

A cash-flow calendar is a budgeting tool that tracks income and expenses on a monthly basis, helping to identify periods of surplus or deficit.

A Budgeting Device on Which Annual Estimated Income and Expenses