What are the steps to creating a cash budget (not necessarily in order)?
A)Determining an adequate minimum cash balance
B)Forecasting sales & forecasting cash receipts
C)Forecasting cash disbursements & estimating the end-of-month cash balance
D)All of the above

Question

Quizplus · Accepted Answer

To create a cash budget, you need to determine an adequate minimum cash balance, forecast sales and cash receipts, forecast cash disbursements, and estimate the end-of-month cash balance. All of these steps are essential to create an accurate cash budget.

What Are the Steps to Creating a Cash Budget (Not