Which of the following would depict the logical order or sequence for preparing the following:(1) a production budget, (2) a cash budget, (3) a sales budget and (4) a direct-labour budget?  a)2, 3, 1, 4   b)3, 1, 2, 4   c)1, 3, 4, 2   d)3, 1, 4, 2    e)3, 4, 1, 2

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.