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please answer both Purpose of a Budget. A budget is a: (Select the best answer below.) O A. forecast of cash inflows and cash outflows
please answer both
Purpose of a Budget. A budget is a: (Select the best answer below.) O A. forecast of cash inflows and cash outflows developed to determine whether your anticipated cash inflows are sufficient to meet your cash outflows B. record of past cash inflows and past cash outflows developed to determine if you met your cash outflows. C. forecast of asset inflows and asset outflows developed to determine whether your anticipated asset inflows are sufficient to meet your asset outflows. D. record of past cash inflows and past cash outflows developed to determine if you need credit, When a period's budget indicates a cash: (Select the best answer below.) O A. surplus, you can plan to borrow needed cash for the period. B. shortage, you can plan to borrow needed cash for the period c. shortage, you can determine the amount that you will have available to invest in additional assets. D. balance, you can determine the amount that you will have available to invest in additional assets Step by Step Solution
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