{"id":49805,"date":"2024-04-15T23:01:08","date_gmt":"2024-04-15T23:01:08","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=49805"},"modified":"2024-04-15T23:01:08","modified_gmt":"2024-04-15T23:01:08","slug":"budget-gives-an-estimate-of-the-anticipated-receipts-and-payment-of-cash-during-the-budget-period","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/budget-gives-an-estimate-of-the-anticipated-receipts-and-payment-of-cash-during-the-budget-period\/","title":{"rendered":". . . . . . . . budget gives an estimate of the anticipated receipts and payment of cash during the budget period."},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Sales&#8221; option2=&#8221;Production&#8221; option3=&#8221;Cash&#8221; option4=&#8221;Master&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>Cash budget<\/strong>.<\/p>\n<p>A cash budget is a financial statement that projects a company&#8217;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.<\/p>\n<p>The cash budget is prepared by estimating the company&#8217;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&#8217;s sales forecast, while the cash payments are estimated from the company&#8217;s expenses forecast.<\/p>\n<p>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.<\/p>\n<p>The other options are incorrect because:<\/p>\n<ul>\n<li>A sales budget is a financial statement that projects a company&#8217;s expected sales for a specific period of time.<\/li>\n<li>A production budget is a financial statement that projects a company&#8217;s expected production for a specific period of time.<\/li>\n<li>A master budget is a comprehensive financial plan that includes all of the company&#8217;s budgets, such as the sales budget, the production budget, and the cash budget.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Sales&#8221; option2=&#8221;Production&#8221; option3=&#8221;Cash&#8221; option4=&#8221;Master&#8221; correct=&#8221;option3&#8243;]<\/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-49805","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>. . . . . . . . budget gives an estimate of the anticipated receipts and payment of cash during the budget period.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/budget-gives-an-estimate-of-the-anticipated-receipts-and-payment-of-cash-during-the-budget-period\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\". . . . . . . . budget gives an estimate of the anticipated receipts and payment of cash during the budget period.\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Sales&#8221; 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