A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget?
A
Capital cost of a new collection vehicle
B
Depreciation of the machinery
C
Operatives wages
D
Fuel for the collection Vehicles
Correct Answer: Depreciation of the machinery
A Local Authority is preparing cash Budget for its refuse disposal department. Depreciation of the machinery would not be included in the cash budget. Depreciation is not a cash item and would be excluded from the cash budget.