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Which of the following is TRUE of a cash budget? A. Cash sales are included, as well as cash receipts from credit customers B. Depreciation

  1. Which of the following is TRUE of a cash budget?

    A.

    Cash sales are included, as well as cash receipts from credit customers

    B.

    Depreciation is the first expense to be shown in the cash outflows

    C.

    Credit sales are included when invoices are sent to customers

    D.

    Cash outgoings are included when an asset is bought on credit

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