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IDENTIFICATION
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Cash Receipts
Cash receipts are the total amount of money, including cash and checks, received by a business during a specific period from transactions.
Production Budget
An estimation of the costs associated with the production processes of a company, detailing the required resources and their expected costs.
Direct Labor Budget
An estimation of the total cost of labor directly involved in the production process for a future period.
Merchandise Purchases Budget
A merchandise purchases budget outlines the planned spending on goods for resale during a certain period, considering expected sales and inventory requirements.