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Neurosciencie Neurosciencie
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A year ago
Capital budgeting differs from cash budgeting in that

▸ cash budgeting focuses on short-term results while capital budgeting focuses on five, ten, or even twenty years in the future.

▸ cash budgeting focuses on the balance sheet while capital budgeting focuses on the income statement.

▸ cash budgeting is based on cash-basis accounting while capital budgeting is based on accrual-basis.

▸ a cash budget contains only expected cash outflows for capital assets while capital budgeting includes both cash inflows and outflows.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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sandra15sandra15
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A year ago
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