Which of the following statements concerning the cash budget is NOT CORRECT?

Group of answer choices

Cash budgets include financial items such as interest and dividend payments.

Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.

Cash budgets do not include cash inflows from long-term sources such as the issuance of bonds.

Capital budgeting decisions have no effect on the cash budget until projects go into operation and start producing revenues.