Which of the Following Statements Is True

question 85

Multiple Choice

Which of the following statements is true?

• A) A cash budget is similar to an income statement.
• B) A cash budget is prepared for the external auditors.
• C) A cash budget is a formal financial statement bound by GAAP.
• D) A cash budget is an internal document used by management to aid in the planning process.

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Definitions:

Create

The process of bringing something into existence, such as a new file, document, or artwork, within a digital environment.

Layout

The arrangement of visual elements on a page or screen, including text, images, and space, to create an organized and appealing design.

Insert

In computing, it refers to adding data or elements, such as text or images, into a document, database, or file.

Slide

A single page or frame within a presentation or slideshow, containing text, images, or multimedia content.