The cash budget is the starting point in preparing the master budget. True or False

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The cash budget is the starting point in preparing the master budget. True or False

business accounting

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Answer 1

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Answer #1

Answer: False.

Explaination:

The cash budget is not the starting point in preparing the master budget because the sales budget is the starting point in preparing master budget. And the ultimate goal of preparing all these budgets is the Cash budget.

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Answer 2

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The cash budget is the starting point in preparing the master budget. True or False

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The sales budget is the starting point for the master budget. Discuss how it is prepared....

The sales budget is the starting point for the master budget. Discuss how it is prepared....

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Homework Answers

Add Answer to: The cash budget is the starting point in preparing the master budget. True or False

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The cash budget is the starting point in preparing the master budget. True or False