Q600
Schedule of expected disbursements and cash receipts is considered as
A.
planned schedule
B.
cash budget
AnswerC.
market budget
D.
price schedule
Answer: Option B
Solution
Answer: Option B
Solution:
Schedule of expected disbursements and cash receipts is considered as cash budget. A cash budget is an estimation of the cash inflows and outflows for a business over a specific period of time. This budget is used to assess whether the entity has sufficient cash to operate.