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Paulette Jordanne is trying to explain how a difference in planned from actual volume will impact results. She is preparing a budget based on the
Paulette Jordanne is trying to explain how a difference in planned from actual volume will impact results. She is preparing a budget based on the actual activity of a period, which is known as a: O static budget. continuous budget. O flexible budget. O master budget. Question 15 7.2 pts Ben McAdams Company is preparing a cash budget for the month of April. They have gathered the following information: Payments to suppliers $35,000 Payments to employees 25,000 Cash collections 65,000 Depreciation expense 8,000 Other cash expenses 15,000 They expect the cash balance to be $55,000 at the beginning of April, and their required minimum cash balance is $50,000. How much will McAdams need to borrow at the end of April to maintain their minimum cash balance? O $13,000 O $10,000 O $5,000 O $0
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