Question

A plan that shows expected cash inflows/outflows for the period is called a:

options:

	Cash budget
	Receivables Budget
	Payables Budget
	Production Budget

Operating budgets continuously roll forward as time passes.

options:

	True
	False

Answer 1

1) Cash budget is the plan that shows expected cash inflows/outflows for the period and helps an organisation to decide its allocation of operating cash flows.

2) True, A continuous budget or rolling forecast, changes constantly throughout the year.

For example,your budget covers January-December of 2018. When January 2018 finishes, you can add January 2019.

PLEASE LIKE THE ANSWER IF YOU FIND IT HELPFUL OR YOU CAN COMMENT IF YOU NEED CLARITY / EXPLANATION ON ANY POINT.