Which of the Following Statements Is Correct Regarding Cash Budgets

Multiple Choice

Which of the following statements is correct regarding cash budgets?

A) Cash disbursements for credit purchases are not included in cash budgets.
B) Only cash inflow from cash sales are included in cash budgets.
C) The target cash balance set in cash budgets are fixed.
D) Cash budgets do not include cash flow through investment activities.
E) Cash budgets include the tax expenses of a firm.