题目内容
Which TWO of the following tasks are undertaken when preparing a cash budget?
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From the budget, opening receivables at the start of June are $657,998. Of these, 4.75% will be written off as irrecoverable debts. Sales in the month are $745,909 and closing receivables are $457,889. What is the budgeted cash received?
A company has the following information to prepare a cash budget for April. Sales are increasing month on month by 5%. Sales are offered with one-month credit, and all customers pay within in the month after the sale takes place. January sales are $25,000.What figure would be entered as the budgeted cash receipts from sales for April?
Which of the following may be a reason for adverse variances when comparing budgeted with actual cash payments?
A company wants to buy a machine that will have a useful life of 10 years. The company wishes to spread payments for the machine over its useful life. What is the MOST SUITABLE way to finance this purchase?
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