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 : Reliability-Accounting information What

What do you mean by the term Reliability which is accounting information?

Q : Define Employee Stock Ownership

Employee Stock Ownership: It is a qualified, defined contribution, employee benefit (that is, ERISA) plan designed to invest mainly in the stock of sponsoring employer. ESOPs are "qualified" in the logic that the ESOP's sponsoring company, the selling

Q : Describe Trust Accounting Trust

Trust Accounting: It is the "accounting of each and every item of income and expenditures which are employed to find out the amount that certain beneficiaries will obtain from the trust each year." Actually, it is equivalent to all the revenues receiv

Q : What are Arrears What are Arrears ? And

What are Arrears? And what are the conditions to make Arrears?

Q : What are the steps involved in Process

ACCOUNTING PROCESS: The process of Accounting involves the following steps:

Q : Why wealth creation is a longer-term

Write a short note on why wealth creation is a longer-term concept?

Q : Cash merger Business combination in

Business combination in which the acquiring corporation buys all the assets of the target, recording them at fair market values. The target is absorbed into the acquiring corpora- tion, and has gains on the sales of the assets that appear on its last tax return. In ad

Discover Q & A

Leading Solution Library

Avail More Than 1447126 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1958790
Asked

3,689

Active Tutors

1447126

Questions
Answered

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

Submit Assignment