Information on cash receipts and payments would not come from which of the following sources?
A) Sales budgets
B) Collection records
C) Direct materials purchases budget
D) Budgeted income statement

Question

Quizplus · Accepted Answer

The direct materials purchases budget would provide information about expected purchases of materials, but not about cash receipts or payments. The other options (sales budgets, collection records, and budgeted income statement) provide information about cash inflows and outflows.

Information on Cash Receipts and Payments Would Not Come from Which