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Why should the timing of direct materials purchases be closely coordinated with the production budget? Discuss the purpose of the cash budget. Give an example
- Why should the timing of direct materials purchases be closely coordinated with the production budget? Discuss the purpose of the cash budget.
- Give an example of how the capital expenditures budget affects other operating budgets.
- If the cash for the first quarter of the fiscal year indicates excess cash at the end of each of the first two months, how might the excess cash be used?
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