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1. Which of the following would appear as an item in a cash budget? Depreciation of a non-current asset Loss on sale of a non-current

1. Which of the following would appear as an item in a cash budget?

  1. Depreciation of a non-current asset
  2. Loss on sale of a non-current asset
  3. Payment for the purchase of a non-current asset

A. iii only

B. i and ii only

C. ii and iii only

D. i, ii and iii

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