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LO 7.1Which of the following is a finance budget?

cash budget
production budget
direct materials purchasing budget
tax budget

User Mikemay
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Answer:

cash budget

Step-by-step explanation:

A financial budget within budgeting refers to the long-period and short-period planning of the company's revenue and expenditure. Exact cash flow forecasts help the company achieve the goals in the correct way.

A financial budget is indeed a potent tool for achieving any enterprise's lengthy-term goals. Relevantly, it also helps to keep the stakeholders as well as other institution members up-to-date on the company's ability to function.

Thus, from the above we can conclude that cash budget can be termed as finance budget.

User Balazs Nemeth
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