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papahomer papahomer
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6 years ago
Major differences between a cash budget and a pro forma income statement include
A) The cash budget includes payments and collections that will not occur until the following period.
B) The emphasis is on cash collections for sales and cash payments for expenses.
C) The cash budget includes some items that do not appear on the income statement such as dividend payments.
D) Both B and C.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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6 years ago
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