The following question has three parts:

A. the cash receipts and disbursements budget alerts management to all of the following excep when: a the cash balance will be very low b. excess cash will be available for investment c. stockouts will cause customer dissatisfaction d. significant capital acquisitions are planned B. the capital acquisitions budget is: not directly driven by the sales budget b. constructed directly from the values in the sales budget c a method of speeding up the receipt of cash d. not necessary unless a company plans to borrow money C. a company will have cash flow problems ahead of a period of increasing sales a true b. false