Which Outlay Does Not Appear in the Cash Budget

question 55

Multiple Choice

Which outlay does not appear in the cash budget?

• A)Monetary drawings
• B)Repayment of loan
• C)Interest on bank loan
• D)Depreciation

Appreciate the influence of physical distribution and logistics management on reaching target markets efficiently.

Understand the evolution and competitive dynamics of the retail landscape.

Calculate the value of a firm under different capital structures.

Determine the present value of a tax shield.

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Definitions:

UCC

Stands for the Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Transfer

The act of moving or passing from one person, place, or situation to another, often referring to the ownership or title of property or assets.

Checks

Financial instruments that order a bank to pay a specific amount of money from the writer’s account to the person or entity in whose name the check has been issued.

Depositary Bank

The first bank that receives a check for payment.