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Allisa [31]
3 years ago
7

Which of the following cash budget equations is incorrect? Multiple Choice Period one ending cash balance = period two beginning

cash balance Beginning cash + cash receipts = total cash available Cash payments + cash cushion = total cash needed Cash payments + cash receipts = cash requirements
Business
1 answer:
iris [78.8K]3 years ago
7 0

Answer:

Cash payments + cash receipts = cash requirements

Explanation:

The cash budget is a budget which deals in a inflow and outflow of cash. The inflow of cash refers to the incoming of cash through receipts while the outflow of cash refers to the outgoing of cash through payments

It interprets the liquidity of the business organization whether organization has enough cash or it can be borrowed for running its organization

Therefore, the Cash payments + cash receipts = cash requirements is wrong as other equations that are given are right

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True

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3 years ago
An auditor inspects a client’s investment records to determine that any transfers between categories of investments have been pr
Shalnov [3]

Answer:Explained below

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Auditor is one who conducts audit.Auditors are professionals who evaluate  the reports of companies to safeguard the rationality and legality of their financial records. They can also take action in consulting role to recommend possible risks .

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Jim is an accountant who reimburses travel expenses for company employees who have used personal funds for travel. Tom, a compan
Dafna11 [192]

The inference shows that Jim should reject the reimbursement as confidentially report the incident.

<h3>What is an inference?</h3>

An inference simply means the conclusion that can be deduced based on the information given in a literary work.

In this case, the inference shows that Jim should reject the reimbursement as confidentially report the incident.

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brainly.com/question/25280941

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4 0
2 years ago
Wrangler Western has some of its jeans stone-washed under a contract with an independent contractor, Almos Garment Corp. If Almo
Novay_Z [31]

Answer:

The present of worth of machine operating cost is $ 228,061.55  

 

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6 0
3 years ago
In​ manufacturing, excess capacity can be used to A. do fewer​ setups, lengthen production​ runs, and drive down inventory costs
Aleksandr-060686 [28]

Answer:

In​ manufacturing, excess capacity can be used todo more​ setups, shorten production​ runs, and drive down inventory costs

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Excess capacity refers to a situation where a firm is producing at a lower scale of output than it has been designed for. Context: It exists when marginal cost is less than average cost and it is still possible to decrease average (unit) cost by producing more goods and services

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