Multiple Choice
A company is preparing its cash budget. Its cash balance on January 1 is $290,000, and it has a minimum cash requirement of $340,000. The following data have been provided: 
-Which of the following would not be used in preparing a cash budget for October?
A) beginning cash balance on October 1
B) budgeted salaries expense for October
C) estimated depreciation expense for October
D) budgeted sales and collections for October
Correct Answer:
Verified
Correct Answer:
Verified
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