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Which of the following is true of the cash budget? A. It provides depreciation data that is used to prepare financial statements for external reporting

Which of the following is true of the cash budget?

  • A. It provides depreciation data that is used to prepare financial statements for external reporting purposes.
  • B. It is prepared after the production budget.
  • C. It does not captures the fixed expenses of the business.
  • D. It is a cornerstone of the master budget.
  • E. none of the above.

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