CI04 4-6 will upvote

Which of the following statements is incorrect? All the answers are correct except one. The sales forecast has no significant effect on the other components of the cash budget. Cash budgets help to determine the firm's investing needs and scheduling transactions as well as its short-term borrowing. The preliminary calculations for revenue are needed but there is no need to show the details of these calculations on the cash budget beause all we need is the total revenue for each period. The cash inflows from the sales of assets or issuing bonds or stock should be included in a cash budget. Question 5 1pts Which of the following statements is correct? The calculation of the short-term borrowing need is not shown on a cash budget. A cash budget stiould include dividends as cash outflow because dividends represent a very real cash expenditure for the firm. Concatenation is the process of converting two or more joined text strings into numbers and Excel has a built-in function to perform this task as = COCANATE ( TEXT1, NUMBER 2,). All the answers are correct. The preliminary calculations for revenue are not needed and therefore is a need to show the preliminary calculations for revenue on the cash budget because all we need is the total assets for each period. Which of the following statements is correct? Current Borrowing is equal to Minimum Cash plus Unadjusted Cash. All noncash inflows and noncash outflows should be included in a cash budget when they are not expected to occur. The preliminary calculations of total assets should be shown in detail in the cash budget. In a cash budget, if unadjusted cash is less than the minimum cash, then . borrow enough to get to the minimum, otherwise do not borrow anything. All the answers are correct