Which type of forecasting involves a prediction about how money will c

QUESTION

Which type of forecasting involves a prediction about how money will come in and go out of a firm in the near future, usually within the next 1 to 3 months?

A) short-term forecasting
B) long-term forecasting
C) cash flow forecasting
D) extended forecasting
E) budget forecasting

ANSWER

Answer: C
Explanation: C) Cash flow forecasting is predicting how money will come in and go out of a firm in the near future, usually within the next 1 to 3 months.