A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet.While doing so,the Cash balance can be taken from the ________.

Question

Quizplus · Accepted Answer

The Cash balance should be taken from the cash budget, as it provides a detailed forecast of the company's cash inflows and outflows for the budget period. The operational budget and sales budget may provide information on revenues and expenses, but they do not provide a comprehensive overview of the company's cash position. The budgeted income statement may provide information on expected profits, but it does not necessarily reflect the company's cash balance.

A Company Has Prepared the Operating Budget and the Cash