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are debts that are payable with 12 months of the statement of Financial Position date. Select one: A. Current Liabilities B. Non-current Liabilities C. Non-current

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are debts that are payable with 12 months of the statement of Financial Position date. Select one: A. Current Liabilities B. Non-current Liabilities C. Non-current Assets D. Current Assets Pro-forma statements are the most widely used means for financial projection(forecasting). Select one: True False Helfert (2003:185) states that when preparing a cash budget, a time schedule of estimated receipts and payments of cash are stated. Select one: : True False Sales projection is a forecast of the unit and Rand value of sales. Select one: True False

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