Managers control cash receipts and disbursements,as well as the ending cash balance,through a(n):
A)sales budget.
B)operating budget.
C)statement of cash flows.
D)cash budget.

Question

Quizplus · Accepted Answer

A cash budget is a financial plan that outlines estimated cash inflows and outflows for a specific period, typically a month or a year. It helps managers to have better control over their cash receipts and disbursements, as well as to forecast the ending cash balance for the period. The sales budget and operating budget may provide useful information for a cash budget, but do not directly control cash receipts and disbursements. The statement of cash flows is a financial statement that summarizes the changes in a company's cash and cash equivalents during a period, but it does not provide a forward-looking plan for cash management.

Managers Control Cash Receipts and Disbursements,as Well as the Ending