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Commerce · Q1507

Accounting

Graduate and Post Graduate · Commerce · question 1507

Q1507

Which one of the following is not true of cash Budget?

A.
The shortage or excess of cash would appear in a particular period
B.
All inflows world arise before outflows for those periods
C.
Only revenue nature cash flows are shown
Answer
D.
Proceeds from issue of share capital is shown as an inflow

Answer: Option C

Solution

Answer: Option C
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