Question)
Cash paid for the distribution of dividends will be shown:
a. on the cash disbursements budget.
b. in the financing activities section of the cash summary
budget.
c. on the materials purchases budget.
d. in the investing activity section of the cash summary budget
Answer
* Correct Answer = Option 'a'
Cash paid for distribution of dividends will be shown 'on the cash
disbursements budget'.
-Rest options are incorrect because:
>Financing activities section of Cash budget only shows
borrowing and repayments of loan.
>No separate investing activity section is present in cash
summary budget.
>Dividend is not related to material purchases budget.
Question) Cash paid for the distribution of dividends will be shown: a. on the cash disbursements...
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