(Appendix 10A) To address the difference between budgeted cash receipts and budgeted cash disbursements, managers also budget which of the following?
A) Debits and credits
B) Short-term borrowing or investments
C) Dividend payments
D) Net income

Question

Quizplus · Accepted Answer

Managers budget short-term borrowing or investments to address any difference between budgeted cash receipts and budgeted cash disbursements. This helps to ensure that the organization has enough cash to operate smoothly and meet its financial obligations. Debits and credits, dividend payments, and net income may be components of the budgeting process, but they are not directly related to addressing the difference between cash receipts and disbursements.

(Appendix 10A) to Address the Difference Between Budgeted Cash Receipts