BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

PRINCIPLES AND PRACTICE OF MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This is an estimate of the actual money a business received and paid out for a specific period.
A
start-up budget
B
operating budget
C
short-term budget
D
cash budget
Explanation: 

Detailed explanation-1: -A cash budget is a company’s estimation of cash inflows and outflows over a specific period of time, which can be weekly, monthly, quarterly, or annually. A company will use a cash budget to determine whether it has sufficient cash to continue operating over the given time frame.

Detailed explanation-2: -Cash flow forecasting is the process of estimating the flow of cash in and out of a business over a specific period of time.

Detailed explanation-3: -The three types of budgets are a surplus budget, a balanced budget, and a deficit budget. The state budget is a financial document including income and expenditure for the year. An income-and expense-based spending plan is referred to as a budget.

Detailed explanation-4: -A cash budget is an estimate of the actual money received and paid out for a specific period.

Detailed explanation-5: -A cash budget is an estimation of cash inflows and outflows over a specific period of time. Cash budgets are useful in that they can be produced for long-term and short-term goals, sometimes for as little as one week.

There is 1 question to complete.