Budget, which predicts effect of given level of operations on a cash position is classified as?
4 views
1 Answers
Answer: Option 4
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.
4 views
Answered