In the selling and administrative budget, the non-cash charges (such as depreciation) are added to the total budgeted selling and administrative expenses to determine the expected cash disbursements for selling and administrative expenses.

In the selling and administrative budget, the non-cash charges (such as depreciation) are added to the total budgeted selling and administrative expenses to determine the expected cash disbursements for selling and administrative expenses.

Answer: False

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Accounting Chapter 8

• Which of the following is not correct regarding the manufacturing overhead budget?
• Which of the following statements is not correct?
• Which of the following represents the correct order in which the indicated budget documents for a manufacturing company would be prepared?
• Both variable and fixed manufacturing overhead costs are included in the manufacturing overhead budget.

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