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    Introduction to Management Accounting Study Set 1
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    Exam 7: Introduction to Budgets and Preparing the Master Budget
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    On a Cash Budget,if Available Cash Balance Plus Net Cash
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On a Cash Budget,if Available Cash Balance Plus Net Cash

Question 107

Question 107

Multiple Choice

On a cash budget,if available cash balance plus net cash receipts and disbursements is negative,________.


A) repayment of loan is suggested
B) repayment of loan is required
C) borrowing is necessary
D) borrowing is not necessary

Correct Answer:

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