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Budgeting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Budgeting

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by johnbriane.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • August 19, 2021 at 3:13 pm #632153
    johnbriane
    Member
    • Topics: 170
    • Replies: 159
    • ☆☆☆

    Sir
    Settlement discount and bad debts are not considered when we do calculations related to cash budgets right ?

    August 19, 2021 at 3:32 pm #632169
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54762
    • ☆☆☆☆☆

    It depends what you mean by not considered.

    We are only showing the cash received in a cash budget and therefore both settlement discounts and bad debts mean that no cash is received in respect of them.

    August 19, 2021 at 7:39 pm #632247
    johnbriane
    Member
    • Topics: 170
    • Replies: 159
    • ☆☆☆

    I mean when we do the calculations we do not take into account
    The bad debts and settlement discounts ?

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