Match Each Phrase That Follows with the Term A-F It

question 128

Multiple Choice

Match each phrase that follows with the term a-f it describes..
-a plan that shows the expected cash inflows and outflows during the budget period, including receipts from loans needed to maintain a minimum cash balance and repayments of such loans

• A)budget
• B)capital expenditures budget
• C)sales budget
• D)production budget
• E)cash budget
• F)budgeted balance sheet

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Definitions:

Partnership Agreement

A legal document that outlines the terms and conditions governing the relationship between partners in a business partnership.

Cash Withdrawal

The act of taking money out of a bank account or investment.

Payroll

The total amount of wages and salaries paid by a company to its employees for a set period, including necessary taxes and deductions.