For estimating cash budget timing,the sale of equipment might occur in one month and the tax consequence in another month.

Name: For estimating cash budget timing,the sale of equipment might occur in one month and the tax consequence in another month.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The sale of equipment and the tax consequence are two separate events that can happen in different months. Therefore, it is important to consider their timing for accurate cash budgeting.

For Estimating Cash Budget Timing,the Sale of Equipment Might Occur