Question

Ingrid is the financial manager at Glynne, Inc., a candy manufacturer. One of her duties is to make a budget that shows the forecasted receipts and expenditure of the company, the amount of working capital available, and the degree to which it should obtain fund from outside of the firm. Ingrid makes this budget after all other budget estimates have been completed. Which of the following types of budget is Ingrid currently working on? Master budget, Cash budget, Cost budget or Production budget

Answer 1

Ingrid is currently working on the Cash budget, which shows the forecasted receipts and expenditure of the company and the amount of working capital available.

Step-by-step explanation: