Budgeting is an important part of the business process. Without budgeting, a business cannot track its process and improve its performance. A budget helps in evaluating the income and expenditure for a period. To choose: Out of the given options, which budget is not an operating budget.

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Answer 1

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Definition Definition Estimate of an organization's cash flow for a future period. A cash budget forecasts future cash receipts and payments from various sources for a fiscal year. A cash budget can be created once a month or once a week to determine the organization's cash position and ensure its performance in relation to the budget. It aids in determining whether the company has enough cash and cash equivalents to meet its operational needs in the future.

Chapter 8, Problem 9MC

To determine

Introduction:

Budgeting is an important part of the business process. Without budgeting, a business cannot track its process and improve its performance. A budget helps in evaluating the income and expenditure for a period.

To choose:

Out of the given options, which budget is not an operating budget.

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Answer 2

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Definition Definition Estimate of an organization's cash flow for a future period. A cash budget forecasts future cash receipts and payments from various sources for a fiscal year. A cash budget can be created once a month or once a week to determine the organization's cash position and ensure its performance in relation to the budget. It aids in determining whether the company has enough cash and cash equivalents to meet its operational needs in the future.

Chapter 8, Problem 9MC

To determine

Introduction:

Budgeting is an important part of the business process. Without budgeting, a business cannot track its process and improve its performance. A budget helps in evaluating the income and expenditure for a period.

To choose:

Out of the given options, which budget is not an operating budget.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Definition Definition Estimate of an organization's cash flow for a future period. A cash budget forecasts future cash receipts and payments from various sources for a fiscal year. A cash budget can be created once a month or once a week to determine the organization's cash position and ensure its performance in relation to the budget. It aids in determining whether the company has enough cash and cash equivalents to meet its operational needs in the future.

Chapter 8, Problem 9MC

To determine

Introduction:

Budgeting is an important part of the business process. Without budgeting, a business cannot track its process and improve its performance. A budget helps in evaluating the income and expenditure for a period.

To choose:

Out of the given options, which budget is not an operating budget.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Definition Definition Estimate of an organization's cash flow for a future period. A cash budget forecasts future cash receipts and payments from various sources for a fiscal year. A cash budget can be created once a month or once a week to determine the organization's cash position and ensure its performance in relation to the budget. It aids in determining whether the company has enough cash and cash equivalents to meet its operational needs in the future.

Chapter 8, Problem 9MC

To determine