Which One of the Following Items Would Never Appear on a Cash

question 143

Multiple Choice

Which one of the following items would never appear on a cash budget?

• A) Office salaries expense
• B) Interest expense
• C) Depreciation expense
• D) Travel expense

---

Definitions:

Noncontrolling Interest

Refers to the portion of equity in a subsidiary not attributable directly or indirectly to the parent company.

Acquisition-Date Fair Value

The fair value of an asset or liability at the date it is acquired in a business combination.