The [blank] is a tool for predicting the amount and timing of the firm's future financing requirements.
A)long-term financial plan
B)short-term financial plan
C)cash budget
D)strategic plan

Question

Quizplus · Accepted Answer

A cash budget is a financial tool used by companies to estimate their current cash position and forecast their short-term cash flow situation. With a cash budget, a company can determine when it might need financing and how much financing will be required. The other options listed do not specifically address financing requirements.

The [Blank] Is a Tool for Predicting the Amount and Timing