GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not true for cash Budget?
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Only revenue nature cash flows are shown
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Proposed issue of share capital in shown as an inflow
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All inflows would arise before outflows for those periods
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That shortage or excess of cash would appear in a particular period
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Explanation:
Detailed explanation-1: -Option (c) Cash budgets show the expected bank balance at the end of the month is not the correct answer because it is true about the cash budget.
Detailed explanation-2: -Correct answer is: Option a) The cash budget summarizes all cash receipts and disbursements during the budget period.
There is 1 question to complete.