Answered: Below are different types of budgets.…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 16MC: Which of the following includes only financial budgets? capital asset budget, budgeted income...

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Below are different types of budgets. Which one of the following does not consider the whole body of the budget when it increases budget in terms of dollars or percentages?

Master budget

Add-on budget

Rolling budget

Incremental budget

Stretch budget

Cash budget

Activity-based budget

Program budget

Target budget

Definition Definition Estimate of an organization's cash flow for a future period. A cash budget forecasts future cash receipts and payments from various sources for a fiscal year. A cash budget can be created once a month or once a week to determine the organization's cash position and ensure its performance in relation to the budget. It aids in determining whether the company has enough cash and cash equivalents to meet its operational needs in the future.

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