Budget, which predicts effect of given level of operations on a cash position is classified as

A. market budget

B. price schedule

C. planned schedule

D. cash budget

Answer: Option D

Solution(By Examveda Team)

Budget, which predicts effect of given level of operations on a cash position is classified as cash budget. A cash budget is an estimation of the cash inflows and outflows for a business over a specific period of time. This budget is used to assess whether the entity has sufficient cash to operate.