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

Question

Quizplus · Accepted Answer

A cash budget is specifically designed to track and manage cash receipts and disbursements, as well as project the ending cash balance. Operating budgets focus on revenue and expenses, while a statement of cash flows reports on the sources and uses of cash during a certain period. A sales budget projects expected sales revenue.

Managers Control Cash Receipts and Disbursements, as Well as Ending