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 Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget? 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.

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