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When you examine Hurons combined cash budget, you also notice something incorrect. Which of the following facts would you flag for the companys accountant to

When you examine Hurons combined cash budget, you also notice something incorrect. Which of the following facts would you flag for the companys accountant to follow-up on?

A.

The company has indicated that seems to already know the months in which it will need to borrow cash from the bank.

B.

Huron uses the beginning cash balance from the previous month to determine the ending cash balance for the following month.

C.

The company has added the beginning cash balance from January to the expected cash collections for the month to calculate the total cash available.

D.

Huron calculates its interest expense by multiplying the amount of the loan by the number of months they had the loan, and then by the monthly interest rate.

E.

Hurons combined cash budget includes both cash collections and cash disbursements portions.

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