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At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The

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At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: a. Prepare a cash budget for September, October, November, and December. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. b. Are the four monthly budgete that are presented prepared as static budgets or flexible budgets? c. What are the budget implications for Cralg Kovar? Craig can see that his preserit plan sutficlent cash. If Craig did not budget but went ahead with the original plan, he would be s at the end of Decembet, with no time Ieft to adjust

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