The cash budget is developed from the budgeted income statement.

Name: The cash budget is developed from the budgeted income statement.
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The cash budget is developed from the budgeted balance sheet, as it takes into account the inflows and outflows of cash over a specific period of time. The budgeted income statement only shows the projected revenues and expenses and does not consider the timing of cash flows.

The Cash Budget Is Developed from the Budgeted Income Statement