The ________ budget is a component in a financial budget.

Question

Quizplus · Accepted Answer

The cash budget is a component in a financial budget as it outlines the expected cash inflows and outflows for a specific period. It helps a company to plan and manage its cash flow effectively. Option B, sales budget, is a component of the operating budget, which focuses on forecasting the expected sales revenue. Options C and D, direct materials budget and operating expense budget, respectively, are also components of the operating budget.

The ________ Budget Is a Component in a Financial Budget