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16. Which of the following will occur if X Co.'s actual sales in May are lower than its budgeted sales for that month? X won't

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16. Which of the following will occur if X Co.'s actual sales in May are lower than its budgeted sales for that month? X won't have enough cash to cover bills requiring payment in May. X's actual inventory at the end of May will be higher than budgeted. X's actual purchases in June will be higher than budgeted. All of the above. 91-059)

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