Budgets: Budgets are prepared to estimate the revenue, costs, receipts and payments for the business. There are several types of budgets prepared for a manufacturing concern. Few major types of budgets prepared by each manufacturing concert are as follows: Sales budget Cash Collection budget Production budget Raw material purchase budget Expenses Budgets Cash disbursement budget To Discuss: The general consideration for cash management policy.

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Chapter 4, Problem 69.2C

To determine

Concept Introduction:

Budgets: Budgets are prepared to estimate the revenue, costs, receipts and payments for the business. There are several types of budgets prepared for a manufacturing concern. Few major types of budgets prepared by each manufacturing concert are as follows:
Sales budget

Cash Collection budget

Production budget

Raw material purchase budget

Expenses Budgets

Cash disbursement budget

To Discuss:

The general consideration for cash management policy.

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