Question 37 (1 point) Cash sales and credit sales are collected in Cash Collections Budget based on whe expenses are booked. True False Question 38 (1 point) The combined cash budget helps to let managers know in advance when they will be short on cash and need to borrow money, or when they may have extra funds to invest. O True O False Question 39 (1 point) Merchant receives entire amount of purchase less transaction fee. Transaction fees is budgeted in operating expenses and the net amount is budgeted in cash collection budget. True False