Multiple Choice
The purpose of the cash budget is to:
A) be used as a basis for the operating budgets.
B) provide external users with an estimate of future cash flows.
C) help managers plan ahead to make certain they will have enough cash on hand to meet their operating needs.
D) summarize the cash flowing into and out of the business during the past period.
Correct Answer:

Verified
Correct Answer:
Verified
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