Question
8. Direct material costs of manufacturing should be reflected as a cash outflow in a monthly cash flow budget in the month the cash is
8.
Direct material costs of manufacturing should be reflected as a cash outflow in a monthly cash flow budget in the month
| the cash is actually expected to be paid | |
| the materials are budgeted for use in production | |
| the units utilizing those materials are budgeted for sale |
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Business Accounting Volume 2
Authors: Frank Wood, Alan Sangster
6th Edition
0273039148, 9780273039143
