MCQOPTIONS
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				| 1. | 
                                    Which of the following is not true of cash budget ? | 
                            
| A. | Cash budget indicates timings of short-term borrowing, | 
| B. | Cash budget is based on accrual concept | 
| C. | Cash budget is based on cash flow concept | 
| D. | Repayment of principal amount of law is shown in cash budget. | 
| Answer» C. Cash budget is based on cash flow concept | |