Question: Which budget focuses on expected cash inflows and outflows over a specific period? a) Operating budget b) Cash budget c) Master budget d) Capital budget
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
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![Question: Which budget focuses on expected cash inflows and outflows over a specific period?
a) Operating budget
b) Cash budget
c) Master budget
d) Capital budget](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc6f89fc-e3a8-4a16-8065-cdd376d6b035%2F3f2e94a2-4230-4237-8298-5c419d538355%2Fgbpvrsd_processed.jpeg&w=3840&q=75)
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