Which description listed below best defines "cash budget"?
A) Details as to how the company expects to go from the beginning cash balance to the desired ending cash balance
B) A company's plan for purchases of property, plant and equipment, and other long-term assets
C) A system for evaluating the performance of each responsibility centre and its manager
D) A budget that projects cash inflows and outflows and the end of period budgeted balance sheet
Correct Answer:
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