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

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At the beginning of the school year, Craig Koyar decided to prepare a cash budoet 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 tutbon- The following information relates to the budget: a. Prepare a cash budget for September, October, November, and December. Use the munus sign to indicate cash outflows, as decrease in cash or cash paymente. b. Are the four mionthly bodgets that are peesented peepared as static budgets or flesble budgets? C. What are the budget: implicatons for Craig Kowar? Crailg can see that his present plan sulficrent cash. If Craig did not budgee but went ahead with the original plan, he would be 1 at the end of December, with no time left to adjust

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