[amp_mcq option1=”Cash budget” option2=”Capital expenditure budget” option3=”Material budget” option4=”Both A and C” correct=”option1″]<\/p>\n
The correct answer is: A. Cash budget<\/strong><\/p>\n A cash budget is a short-term financial plan that projects a company’s cash inflows and outflows over a specific period of time, typically one month or one quarter. It is used to ensure that the company has enough cash on hand to meet its obligations.<\/p>\n A capital expenditure budget is a financial plan that outlines a company’s planned investments in fixed assets, such as property, plant, and equipment. It is used to ensure that the company has the resources to finance its investments.<\/p>\n A material budget is a financial plan that outlines a company’s planned purchases of materials. It is used to ensure that the company has the materials it needs to meet its production requirements.<\/p>\n While both a cash budget and a material budget are short-term financial plans, a cash budget is more specific in that it projects a company’s cash inflows and outflows over a specific period of time. A material budget, on the other hand, is more general in that it outlines a company’s planned purchases of materials.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”Cash budget” option2=”Capital expenditure budget” option3=”Material budget” option4=”Both A and C” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-47524","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"\n