Cash budget, A plan for the cash coming into and going out of a business. Based on the

Cash budget

A plan for the cash coming into and going out of a business. Based on the sale forecast, the timing and amounts of cash receipts. Based on forecast of resources necessary to meet the sale forecast, management budgets the cash disbursements. This process identifies period of excess cash or insufficient cash and allows management to budget for the short-term investing of idle cash or for short-term financing. Generally a cash budget is part of a master budget.

View Complete Question

Related Questions in Managerial Accounting

Q : Key performance indicators or KPI What

What do you mean by the term key performance indicators or KPI? Explain in brief?

Q : Asset retirement obligation Significant

Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added

Q : Accumulated adjustments account Normal

Normal 0

Q : Describe fluctuating capital of partners

Describe fluctuating capital of partners? Answer: Partner‘s capital is stated to be fluctuating if capital modifies with every transaction in the capital accou

Q : Assigning Support cost What are various

What are various methods to assign support cost?

Q : What is Cost Finding Cost Finding :

Cost Finding: Cost finding methods generate cost data by analytical or sampling techniques. Cost finding methods are suitable for certain type of costs, like indirect costs, items with costs underneath set thresholds in the programs,

Q : Cash flows from operating activities

The first section of the statement of cash-flow. Cash flows from operating activities include transactions (involving cash) that relate to the normal busi- ness activities of the entity. Cash-flows in this section usually involve cash and other current asset or curren

Q : Appropriations The term used in

The term used in governmental accounting to identify amounts that the governmental unit is authorized to spend for debt repayment, operating activities, and asset acquisition. The appropriations account is a budgetary account that acts as a control account for all budgeted expenditures. More usua

Q : Partners-firm and firms name What do

What do you understand by the terms partners, firm and firms name? Answer: The persons who have entered into a Partnership with each other are individually termed 'P

Q : Planned product cost and the actual cost

A company has production facilities in several countries. Some of the products they sell are produced in stages (Raw Materials -> Pre-Assembly -> Assembly -> Finished Product) based on the technologies and materials involved (see Table 1).

Discover Q & A

Leading Solution Library

Avail More Than 1421824 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1958475
Asked

3,689

Active Tutors

1421824

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment