Kate Is a Financial Manager at Heartland Feeds, a Producer

Multiple Choice

Kate is a financial manager at Heartland Feeds, a producer of feed products for cattle. She produces a budget that shows the anticipated receipts and expenses of the company. The budget also shows her the amount of working capital available and whether it is likely that the company will need to obtain loans. This is the last budget that Katrina produces for the upcoming year. Which type of budget is this?

A) Master budget.
B) Cash budget.
C) Cost production budget.
D) Production budget.
E) Sales budget.