Which budget reflects the inflow and outflow of cash?

The budget that specifically reflects the inflow and outflow of cash is the cash budget. This type of budget focuses on the cash position of an organization over a specified period, detailing when cash is expected to come in (cash inflows) and when it is expected to go out (cash outflows).

A cash budget is crucial for managing liquidity and ensuring that sufficient funds are available to meet obligations as they arise. It aids in planning for future cash needs, identifying periods of surplus or deficit, and making informed financial decisions.

In contrast, the operational budget typically outlines expected revenues and expenditures associated with day-to-day operations, whereas the financial budget encompasses broader financial goals and projections but may not detail cash movements specifically. The project budget is developed for a specific project and includes estimated costs and revenues related solely to that initiative. Each of these other budgets serves different purposes and does not exclusively focus on the timing and management of cash flows like the cash budget does.