Which of the following items is a component of a cash payments budget?

Question

Quizplus · Accepted Answer

A cash payments budget includes all cash outflows, such as payments for expenses, purchases of assets, and distributions of profits. Cash dividends are a type of distribution of profits and are therefore a component of a cash payments budget. Bad debt expense, depreciation expense, and gains on sales of equipment are all non-cash items and therefore would not be included in a cash payments budget.

Which of the Following Items Is a Component of a Cash