The disbursements section of a cash budget consists of all cash payments for the period except cash payments for dividends.
A) the direct materials purchase budget.
B) the budgeted income statement.
C) the sales forecast or sales budget.
D) the production budget.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, helping managers ensure that sufficient cash is available for operations.

Disbursements Section

A part of cash flow management that records cash outflows or payments made by a business during a specific period.