Multiple Choice
In the cash budget,additional financing is needed if:
A) the cash available before new financing exceeds the budgeted cash balance.
B) the budgeted cash balance exceeds the cash available before new financing.
C) the cash used for investing exceeds the budgeted cash balance.
D) the budgeted cash balances exceeds the cash used for investing.
Correct Answer:
Verified
Correct Answer:
Verified
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