A Firm's Cash Budget Should ________

A firm's cash budget should ________.

A) be prepared on a monthly basis for at least one year in advance and cover all seasonal fluctuations
B) cover a longer planning horizon when a firm's pattern is highly variable
C) show the amount and timing of cash receipts and cash disbursements on an annual basis
D) show the amount and timing of cash receipts and cash disbursements on a quarterly basis