Which of the following budgets must be completed before a cash budget can be prepared?
A) Capital expenditures budget.
B) Sales budget.
C) Merchandise purchases budget.
D) General and administrative expense budget.
E) All of these.

Question

Quizplus · Accepted Answer

All of these budgets (capital expenditures, sales, merchandise purchases, and general and administrative expense budgets) provide necessary information for estimating cash inflows and outflows, which are essential components of a cash budget.

Which of the Following Budgets Must Be Completed Before a Cash