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Examveda

Schedule of expected disbursements and cash receipts is considered as

A. planned schedule

B. cash budget

C. market budget

D. price schedule

Answer: Option B

Solution(By Examveda Team)

Schedule of expected disbursements and cash receipts is considered 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.

This Question Belongs to Commerce >> Costing

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