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Which one of the following best describes the direct method of preparing a cash budget? Question 10 options: a) All cash inflows and outflows of
Which one of the following best describes the direct method of preparing a cash budget? Question 10 options: a) All cash inflows and outflows of the organization are incorporated. b) Cash inflows and outflows are compiled to arrive at the net change in cash. c) It starts with net income and adds back items that do not require a cash outlay. d) The excess or deficiency of cash is shown at the bottom
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