Reference no: EM132552616

Question 1: Which of the following is a stage in preparing the cash budget?

Select one:

a. Calculating the financial ratios

b. Estimating the expenses

c. Calculating the depreciation expenses

d. Preparing the bank reconciliation report

Question 2: In a special order situation, any fixed cost that could be avoided if the special order were not accepted would be irrelevant.

Select one:

a. True

b. False

Question 3: A cost that can be avoided by choosing one alternative over another is not relevant for decision purposes.

Select one:

a. True

b. False