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James noticed that the sales budget for June indicated sales of $1,000,000, however, the cosh budget for June indicated collections from customers fotaled $890,000. James

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James noticed that the sales budget for June indicated sales of $1,000,000, however, the cosh budget for June indicated collections from customers fotaled $890,000. James was concerned about this difference and brought it to the attention of the CFO. The CFO's likely response was: Mistiple Choke Thes is an indicotion thet there moy be frouduient activity, wh sales being understoted on the budget One of the dopartments revsod ther budget for cash receved by sto 000 becaise they expected sales to be down for the month Cash collected woxild be less than sabs beceuse the conpary has estamated thot a percentege of the saleb rocorded were on creoit This an erice by the todget inanager and the CFO will have if conected

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