Which One of the Following Statements Is True

question 53

Multiple Choice

Which one of the following statements is true?

• A) The cash budget is also a very useful planning tool for entrepreneurs
• B) The cash budget summarises the cash flows into and out of a company over a period of time.
• C) Preparing a cash budget helps an entrepreneur better understand where money is coming from, where it is going, and how much external financing is likely to be needed and when.
• D) All of the above are true.