The budget that estimates a firm's projected cash inflows and outflows, as well as cash shortages or surpluses during a given time period, is called the ________ budget.

Question

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The cash budget is specifically designed to anticipate a business's future cash flows, making it much easier for companies to forecast upcoming expenses and revenues. It takes into account cash inflows and outflows, as well as potential cash deficits or surpluses during a given time period.

The Budget That Estimates a Firm's Projected Cash Inflows and Outflows