Question

which of the following is a benefit of preparing a cash budget? a. It helps to estimate the average collection period of sales during a period. b. It helps to estimate the amount of credit sales during a period. c. It helps estimate the amount to be borrowed or loans to be repaid during a period d. It helps to estimate the current assets ratio during the budgeted period 2. Which of the following is part of cash disbursement section of cash budget? a. Depreciation expense b. Purchases c. Loss on sale of assets d. Cash sales 3. The amount of borrowings necessary to achieve minimum desired cash amount is called a. cash deficiency. b. operating loss. c. cash outflow. d. solvency level. 4. Explanations for the budgeted figures are typically provided in the b. Purchases c. Loss on sale of assets d. Cash sales 3. The amount of borrowings necessary to achieve minimum desired cash amount is called a. cash deficiency b. operating loss. c. cash outflow. d. solvency level. 4. Explanations for the budgeted figures are typically provided in the a. budgeted balance sheet. b. footnotes. c. budgeted income statement. d. participative budgeting.

Answer 1

Answer:

1.c. it helps to estimate the amount to be borrowed or loans to be repaid during a period

2. d. purchases

3. d. solvency level

4.b. footnotes