The Statement That Is not True Is

The statement that is not true is:

A) Preparing operating budgets for service businesses is normally simpler than preparing them for retailers or manufacturers
B) A service business does not need to prepare a cash budget
C) GST estimates need to be included in a cash budget
D) The emphasis in budgeting for not-for profit organisations tends to be on cash flows and the final cash position rather than on profits,income and expenditure