The correct answer is: Cash budget.
A cash budget is a financial statement that projects a company’s future cash inflows and outflows. It is used to help the company manage its cash flow and ensure that it has enough cash on hand to meet its obligations.
The cash budget is prepared by estimating the company’s expected cash receipts and cash payments for a specific period of time, usually a month or a quarter. The cash receipts are estimated from the company’s sales forecast, while the cash payments are estimated from the company’s expenses forecast.
The cash budget is a valuable tool for financial planning and control. It can help the company to avoid cash shortages and to make better use of its cash resources.
The other options are incorrect because:
- A sales budget is a financial statement that projects a company’s expected sales for a specific period of time.
- A production budget is a financial statement that projects a company’s expected production for a specific period of time.
- A master budget is a comprehensive financial plan that includes all of the company’s budgets, such as the sales budget, the production budget, and the cash budget.