Accrual budgets plan for expenses for supplies when ________, while cash budgets plan for the expense when

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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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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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