To prepare the cash budget,all of the following budgets are required EXCEPT:

Question

Quizplus · Accepted Answer

The budgeted balance sheet is not required to prepare the cash budget. The cash budget focuses on the inflows and outflows of cash, primarily influenced by the cost of goods sold budget, capital expenditures budget, and revenue budget, rather than the overall financial position at a point in time, which is what the budgeted balance sheet represents.

To Prepare the Cash Budget,all of the Following Budgets Are