Which of the Following Is a Characteristic of Cash Flow

question 66

Multiple Choice

Which of the following is a characteristic of cash flow budget?

• A) It allocates expenses for achieving the sales target.
• B) It tells whether arrangements need to be made for borrowing or owner investments.
• C) It contains a forecast of the amounts and sources of sales income and the materials that will be needed to achieve the sales forecast.
• D) It plans and controls revenue in order to obtain desired profits.

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Definitions:

Inventory Turnover

A metric indicating the frequency at which a company's stock is sold and replenished within a given timeframe.

Sales In Inventory

The quantity of goods that are available for sale in a company's inventory.

Average Daily Cost

The average cost incurred by a business or an operation calculated on a daily basis.

Sales In Inventory

This term seems incorrect or incomplete. The correct term is likely "Inventory," which refers to the goods and materials a business holds for the purpose of resale.