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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › 10b.18
Sir in this question of bpp
It says
What is the payment for total production overhead cost shown in the cash budget for September?
But I thought
Cash budgets only talks about cash receivables
Am I wrong sir ?
Yes you are wrong.
Cash budgets are budgeting all cash receipts and payments.
Oh thank you sir
All cash and Credit receipts and payments ?
Cash budgets are budgeting all cash and credit , receipts and payments.
All cash receipts (whether from cash sales or from credit sales) and all cash payments.
Cash budgets are explained, with a worked example, in my free lectures on budgeting.