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Deshaies Corporation is preparing its cash budget for NovemberThe excess (deficiency) of cash available over disbursements for November is:

A. $110,000
B. $6,000
C. ($4,000)
D. $14,000

User Mtpettyp
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1 Answer

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Final answer:

The question asks for the excess or deficiency of cash available over disbursements for Deshaies Corporation in November. Calculating this requires specific figures for cash receipts and disbursements which are not provided. Without such data, the exact figure for the cash budget cannot be determined.

Step-by-step explanation:

The question refers to the preparation of a cash budget for Deshaies Corporation for the month of November. A cash budget helps a company plan and manage its cash inflows and outflows over a certain period. Specifically, this question is asking for the excess or deficiency of cash available over disbursements for the month in question, which is calculated by subtracting the company's cash disbursements from its cash receipts.

The terms referenced, such as 'revenue (taxes)' and 'expense (spending),' are typical components of a budget that influence whether there will be an annual budget deficit or surplus. In a typical fiscal year, which commences on October 1 and concludes on September 30 the following year, a company or government will assess these components to determine their financial health.

However, without specific figures provided for Deshaies Corporation's November cash receipts and cash disbursements, it is not possible to calculate the exact excess (deficiency) amount. Therefore, an answer cannot be determined from the data provided in the question.

User Akshendra Pratap
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