Question: Which of the following statement is INCORRECT ? Select one: a. While preparing a cash budget the focus should be on the amount of cash

Which of the following statement is INCORRECT?

Select one:

a. While preparing a cash budget the focus should be on the amount of cash to be received from cash sources.

b. Cash budget is more helpful in business concerns where there are wide seasonal fluctuations.

c. Sales and purchases amounts are considered as cash flows in the cash budget.

d. Cash budget is a short-term budget

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