?
Budget, which predicts effect of given level of operations on a cash position is classified as
Answer & Solution
Correct Answer:
Option
D
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.
Join the Discussion
Login to post a comment or share your explanation.
Login