Daniel wishes to create a financial blueprint for a future period that reflects such items as expected sales revenues, operating expenses, and cash receipts and disbursements. Daniel wants to create a (n) ______.
A) sales forecast
B) statement of cash flows
C) budget
D) income statement

Question

Quizplus · Accepted Answer

A budget is a financial blueprint for a future period that reflects expected sales revenues, operating expenses, and cash receipts and disbursements.

Daniel Wishes to Create a Financial Blueprint for a Future