The Cash Budget Consists of All the Following Factors EXCEPT

question 90

Multiple Choice

The cash budget consists of all the following factors EXCEPT:

• A)cash receipts.
• B)cash disbursements.
• C)new financing needed.
• D)net income.

---

Definitions:

Liquidation

The process of closing a business by selling its assets to pay off its liabilities, with any remaining proceeds distributed to shareholders or owners.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period of time.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and shareholders’ equity at a specific point in time, providing insights into its financial condition.

Salary Allowance

An amount of money given to employees in addition to their regular salary, often to cover specific expenses.