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Examveda

_____________ is a detailed budget of cash receipts and cash expenditure incorporating both revenue and capital items.

A. Cash Budget

B. Capital Expenditure Budget

C. Sales Budget

D. Overhead Budget

Answer: Option A

Solution(By Examveda Team)

Cash Budget is a detailed budget of cash receipts and cash expenditure incorporating both revenue and capital items. 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.

This Question Belongs to Commerce >> Costing

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