Question

which of the following items will not appear on a cash budget? multiple choice financing activities expected credit sales expected cash payments expected cash collections

Answer 1

Expected credit sales will not appear on a cash budget because it involves sales made on credit, whereas a cash budget tracks actual cash transactions.

Step-by-step explanation:

The item that will not appear on a cash budget is expected credit sales. A cash budget is a detailed plan that estimates all expected cash receipts (such as expected cash collections) and cash expenditures (such as expected cash payments) that a business will encounter during a specific time period. It generally includes three main sections: cash receipts, cash disbursements, and financing activities. Expected credit sales do not typically appear on a cash budget because it reflects sales made on credit, not cash, and the actual cash inflow will occur at a later date when the receivables are collected.