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Author Question: The operating budget (Read 29 times)

maychende

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on: Apr 8, 2019

Question 1

The ________ is the managerial report that shows planned cash inflows and outflows for major investments or acquisitions.
◦ journal voucher list
◦ statement of cash flows
◦ operating budget
◦ capital expenditures budget

Question 2

The operating budget
◦ compares estimated cash flows from operations with planned expenditures.
◦ shows cash inflows and outflows for each capital project.
◦ depicts planned revenues and expenditures for each organizational unit.
◦ is used to plan for the purchase and retirement of property, plant, and equipment.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by maychende on Apr 8, 2019

akemokai

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Reply #1 on: Apr 8, 2019
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maychende

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Reply #2 on: Apr 8, 2019
Thank you!


akemokai

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Reply #3 on: Apr 8, 2019
Always glad to help...


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