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Which of the following statements is incorrect? All the answers are correct except one. Current Borrowing is equal to Minimum Cash minus Unadjusted Cash. A cash budget includes a listing of each of the noncash expenses. A cash budget should include seasonal patterns in the sales forecast if we want the cash budget is to be accurate. Because dividends represent a very real cash expenditure for the firm, a cash budget should include dividends as cash outflow. Question 2 1pts Which of the following statements is incorrect? Many of the other forecasts in the cash budget are driven, at least indirectly, by the sales forecast. Seasonality is important in many types of business and therefore, a cash budget should include seasonal patterns in the sales forecast if we want the cash budget is to be accurate: If the firm does not have any short-term borrowing during the month, then the cash balance will be equal to the unadjusted cash balance. All the answers are correct except one, A cash budget is simply a listing of the firm's depreciation and amortization schedule for a specified period. Which of the following statements is correct? The best practice is to make preliminary calculations of the revenue on a separate worksheet and then reference them to the cash budget especially for the firms with man different products. All the answers are correct. Unadjusted Cash Balance is equal to Beginning Cash Balance minus Total Collections plus Total Disbursements. The cash inflows from the sales of assets or issuing bonds or stock should be excluded from a cash budget. Because dividends are not a real cash expenditure for the firm, a cash budget should exclude dividends as cash outflow