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    Managerial Accounting Study Set 21
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    Exam 7: Operating Budgets: Bridging Planning and Control
  5. Question
    In Preparing a Cash Budget, from an Accounting Record-Keeping Perspective
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In Preparing a Cash Budget, from an Accounting Record-Keeping Perspective

Question 36

Question 36

True/False

In preparing a cash budget, from an accounting record-keeping perspective there is no need to adjust the balance of accounts receivable and reported income to reflect the uncollectible debt.

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