The correct answer is C. short-term.
A cash budget is a financial statement that projects a company’s future cash flows. It is used to help businesses manage their cash flow and avoid running out of money. Cash budgets are typically prepared on a monthly or quarterly basis.
Long-term budgets are typically prepared for periods of one year or more. They are used to plan for major investments and other long-term projects. Very long-term budgets are typically prepared for periods of five years or more. They are used to plan for major strategic initiatives.
Short-term budgets are typically prepared for periods of one month or less. They are used to plan for day-to-day operations and to ensure that the company has enough cash on hand to meet its obligations. Very short-term budgets are typically prepared for periods of one week or less. They are used to plan for very short-term cash needs, such as paying bills or making payroll.
Cash budgets are an important tool for businesses of all sizes. They can help businesses to avoid running out of money, to make sound financial decisions, and to achieve their financial goals.