Click to watch the Tell Me More Learning Objective 5 video and then answer the questions below.

1. All of the following budgets are considered financial budgets except the __________ budget.

1. cash
2. capital expenditures
3. sales
4. None of these choices are correct.

2. A budget that estimates the expected receipts (inflows) and payments (outflows) of cash for a period of time is called a __________ budget.

1. sales
2. capital expenditures
3. cash
4. None of these choices are correct.