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Which of the following cash budget equations is incorrect? Cash payments + cash receipts = cash requirements Beginning cash + cash receipts +

Which of the following cash budget equations is incorrect?

• Cash payments + cash receipts = cash requirements

• Beginning cash + cash receipts + total available

• Cash payments + cash cushion = total cash needed

• Period one ending cash balance = period two beginning cash balance

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Equation 1 Cash payment Cash receipts Cash requirements This statement is correct as the difference ... blur-text-image
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