Question

The section of the cash budget that consists of the beginning cash balance and the expected cash receipts is called the:

a)excess or deficiency section.
b)financing section.
c)balance section.
d)cash available section.

Answer 1

The section of the cash budget with the beginning cash balance and the expected cash receipts is called the cash available section.

Step-by-step explanation:

The section of the cash budget that consists of the beginning cash balance and the expected cash receipts is known as the cash available section. This is crucial in a cash budget as it helps businesses understand the total cash they will have on hand before accounting for disbursements. The beginning cash balance represents the cash funds available at the start of the period, while the expected cash receipts are all the cash inflows anticipated from operations and other activities during the period.