Which one of the following items would NOT be included in a cash budget?

Related MCQs

• Which of the following is / are true with regard to the period of budget? i) the budget period depends on the nature of industry ii) master budget is prepared annually while functional budget may be for different periods iii) Basic budget is the long term budget
• ………………….budget may be classified into material cost budget, labour cost budget and overhead budget.
• ABC ltd. uses the following flexible budget formula to annual maintenance cost: Total cost = Rs. 6720 + Rs. 0.64 for machine hour The current month's budget is based on 20,000 hours of planned machine time. The maintenance cost included in this flexible budget for the current month is
• ABC Ltd. has prepared the cash budget for the year 2014-2015 and provided the following information pertaining to sales value : Month Rs. April 2014 2,50,000 May 2014 2,80,000 June 2014 3,20,000 July 2014 3,50,000 20% of the monthly sales are expected to be on cash basis. 60% of the credit sales are expected to be realised in the month following the month of sales and remaining 40% are expected to be realized in the second month following the month of sale. The estimated cash receipts in the month of June 2014 are:
• Which of the following items should be included in a cash budget? (i) Loan repayments (ii) depreciation charges (iii) tax provision (iv) wages paid
• The primary difference between a fixed budget and a variable(flexible) budget is that a fixed budget:
• ……………….budget gives an estimate of the anticipated receipts and payment of cash during the budget period.
• Cash Budget is a ……………….budget.
• A company has the following budget for the six month: Finished product Materials Sales - 7,000 units Usage per unit - 3 kg Production units - 7200 units Opening stock - 400 kg Closing stock - 500 kg What is the material purchase budget for the month?
• …………………budget is the most important budget and it forms the basis on which all the other budgets are built up.