Which one of the following budgeted costs will appear in both the budgeted statement of profit or loss and the budgeted statement of financial position but not in the cash budget of a manufacturing company?

Question

Quizplus · Accepted Answer

Depreciation is a non-cash expense that appears in the budgeted statement of profit or loss as an expense and in the budgeted statement of financial position as accumulated depreciation, but it does not appear in the cash budget because it does not involve actual cash outflow.

Which One of the Following Budgeted Costs Will Appear in Both