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3. Which budgets should be finished before the Cash Budget process ? When preparing cash budget, how to calculate Excess (or deficiency) of Cash over
3. Which budgets should be finished before the Cash Budget process ? When preparing cash budget, how to calculate Excess (or deficiency) of Cash over Disbursement? How do you decide how much to borrow? If borrowing is necessary, should borrowing be arranged at the beginning or the ending of the budgeting period? Why?
The budget that should be finished before the cash process is direct material, direct labor, and manufacturing over head.
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