All of these are ways in which the cash budget can assist decision making, except:Group of answer choicesidentifying suitable times for the purchase of non-current assets.assisting with the planning and use of borrowed funds.showing the assets and liabilities owned by the firm.identifying periods of expected cash shortages or surpluses.

Ways in which budgets can assist in decision making are:Group of answer choicesidentifying future resource constraints.helping to determine purchase requirements for raw materials.identifying excesses or shortages of cash.all of the options are ways in which budgets can assist in decision making.

Explain one purpose of preparing a cash budget. [2]

Preparing a cash budget is part of the process. A. control B. cash C. monitoring D. planning

The budget that sets out the expected future cash receipts and cash payments during the budget period is referred to as the:Group of answer choicespurchases budget.capital budget.cash budget.program budget.

A budget is:Group of answer choicesthe process relating to the longer term planning for a business.all of the options are true.a financial statement prepared for external users.a quantitative expression of an entity's future plans.