Which of the following budget(s)has(have)the disbursement for a planned purchase of equipment?
A) operating expense budget
B) purchases and cost of goods sold budget
C) cash budget only
D) cash budget and capital budget

Question

Quizplus · Accepted Answer

The cash budget will detail the timing and amount of disbursements for the equipment purchase, while the capital budget will include information on the planned purchase of equipment. Therefore, both the cash budget and capital budget will have information on the disbursement for a planned purchase of equipment.

Which of the Following Budget(s)has(have)the Disbursement for a Planned Purchase