Which of the statements below is FALSE?
A)Cash disbursements (expenditures)are closely tied to the sales forecast as these forecasts are typically used for scheduling production.
B)Production costs include the wages paid to workers,the raw materials for manufacturing products,the overhead (such as electricity,water,plant space,and so on),and the shipping costs that get the product to the customer.
C)Once all the expenditures and receipts are determined,a financial manager can determine the exact cash excess or cash shortfall in upcoming periods.
D)It's the timing and the amount of cash flow that is important to the financial manager and estimating these cash outflows is part of the cash forecasting process.

Question

Quizplus · Accepted Answer

The Answer of Which of the statements below is FALSE?
A)Cash disbursements (expenditures)are closely tied to the sales forecast as these forecasts are typically used for scheduling production.
B)Production costs include the wages paid to workers,the raw materials for manufacturing products,the overhead (such as electricity,water,plant space,and so on),and the shipping costs that get the product to the customer.
C)Once all the expenditures and receipts are determined,a financial manager can determine the exact cash excess or cash shortfall in upcoming periods.
D)It's the timing and the amount of cash flow that is important to the financial manager and estimating these cash outflows is part of the cash forecasting process.

Which of the Statements Below Is FALSE