Accrual budgets plan for expenses for supplies when ________, while cash budgets plan for the expense when
Question:
Accrual budgets plan for expenses for supplies when ________, while cash budgets plan for the expense when ________. (choose from below)
1. They are ordered
2. They are delivered to the organization
3. They are paid for
4. They are consumed
5. It depends of the type of expense.
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Related Book For
Financial Management for Public, Health and Not-for-Profit Organizations
ISBN: 978-1506326849
5th edition
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
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