The basic form of the cash budget is:
A) Budgeted cash collections − Budgeted cash payments +/− Cash borrowed or repaid = Ending cash balance
B) Beginning cash balance + Budgeted cash collections − Budgeted cash payments +/− Cash borrowed or repaid = Ending cash balance
C) Beginning cash balance − Budgeted cash collections + Budgeted cash payments +/− Cash borrowed or repaid = Ending cash balance
D) Beginning cash balance + Budgeted cash collections − Budgeted cash payments = Cash borrowed or repaid
Correct Answer:
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