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EXAM IV

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Item$12$

Time Remaining $1$ hour $41$ minutes

$01$:$41$:$00$

Item $12$

Time Remaining $1$ hour $41$ minutes

$01$:$41$:$00$

Which of the following statements is false with respect to a cash budget?

Multiple Choice

It includes cash paid for manufacturing overhead costs.

It excludes dividends because they are subtracted from retained earnings on the balance sheet.

It excludes sales and instead reports cash collections from customers.

It includes cash paid for selling and administrative costs.

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