5. Which of the following are true as it relates to the cash flow budget? A)...
5. Which of the following are true as it
relates to the cash flow budget?
A) The statement of cash flows is another term for the cash flow budget.
B) An increase in both the receivable collection period and the accounts payable period will reduce the ending cash balance, all else the same.
C) The cash collection and the cash disbursement budget together form the cash flow budget.
D) The cash collection budget is a function of both the days
sales outstanding and the volume of inventory.
Homework Answers
Cash flow budget is the forecasting of all cash inflows and outflows which are going to occur during the period for which it is prepared.
Oprion C: the cash collection and cash disbursement budget budget together form the cash flow budget.
This statement is true in regard to a cash flow budget
Add Answer to:
5. Which of the following are true as it
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