Solution-Which statements is correct concerning the cash

Which statements is correct concerning the cash budget

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Reference no: EM132804083

Problem 1: Which of the following statements is correct concerning the cash budget?

A: Reducing the time for customers to pay for purchases from 45 days to 30 days would increase expected cash receipts in a cash budget.

B: Reducing the time for customers to pay for purchases from 45 days to 30 days would increase expected cash disbursements in a cash budget.

C: Reducing the time for customers to pay for purchases from 45 days to 30 days would decrease expected cash receipts in a cash budget.

D: Reducing the time for customers to pay for purchases from 45 days to 30 days would decrease expected cash disbursements in a cash budget.

Reference no: EM132804083

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Which statements is correct concerning the cash budget

Reference no: EM132804083

Reference no: EM132804083

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