13. In a cash budget, a shortage would occur when a. cash receipts exceed cash payments b....

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13. In a cash budget, a shortage would occur when

a. cash receipts exceed cash payments

b. working capital is declining

c. current assets are less than current liabilities

d. cash payments exceed cash receipts

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Business Finance

ISBN: 9780357532348

1st Edition

Authors: Les Dlabay, James L. Burrow

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