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costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month. Required: 2. On

image text in transcribedimage text in transcribed costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month. Required: 2. On the basis of the cash budget prepared in part (1), what recommendation should be made to the controller? The budget indicates that the minimum cash balance be maintained in November. This situation can be corrected by and/or by the of the marketable securities, if they are held for such purposes. At the end of September and October, the cash balance will the minimum desired balance. costs, 80% are expected to be paid in the month in which they are incurred and the balance in the following month. Required: 2. On the basis of the cash budget prepared in part (1), what recommendation should be made to the controller? The budget indicates that the minimum cash balance be maintained in November. This situation can be corrected by and/or by the of the marketable securities, if they are held for such purposes. At the end of September and October, the cash balance will the minimum desired balance

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