Question 1
In the cash budget, the total cash available for needs is calculated using which of the following formulas?
◦ ending cash + receipts
◦ beginning cash + receipts
◦ beginning cash + receipts - disbursements
◦ beginning cash + projected depreciation expense
Question 2
The ________ is required to prepare the cash budget of an organization.
◦ statement of shareholders' equity
◦ budgeted balance sheet
◦ capital expenditures budget
◦ budgeted statement of cash flow