Which of the Following Might Be Included as a Disbursement

question 37

Multiple Choice

Which of the following might be included as a disbursement on a cash budget?

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Purchase Discounts

Purchase discounts are reductions in the price paid for merchandise or services due to early payment by the buyer.

Freight-In

Refers to the transportation cost associated with getting goods from the manufacturer to the place of production or sales.

GAAP

Generally Accepted Accounting Principles, a set of rules and standards used for financial reporting and accounting practice in the United States.

Income Statement

A financial report that shows a company's financial performance over a specific period, detailing revenue, expenses, and net profit or loss.