Mcqs Clouds
mcqsclouds.com

In cash flow method for preparing cash budget, payment of dividends and prepaid payments are

A. Deducted from opening balance of cash

B. Added to opening balance of cash

C. Not included in cash budget

D. None of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above