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Which of the following statements are true about cash budget?

A. Cash budget and cash flow statement are same

B. Fixed expenses are not shown in cash budget

C. Actual payments and receipts are shown 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