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At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months af 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 af 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 fal tuition. The foliowing information relates to the budget a. Pregare a cash budget for September, October, November, and Decembec. Use the minus sign to indicate cash outhons, a decrease in cash or cash payments. b. Are the four monthly budgets that are presented prepared as static budgets or flenible budgets? c. What are the budget implications for Craig Kovar? Craig can see that his present plan sutficient cash. If Craig did not budget but went ahead with the original plan, he would be 9 at the end of December, with no time left to adjust

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