CFAI Mock afternoon session why, into, afternoon, existing, increase

prashantsahni

No.17: what does the question mean by ‘require to cap expenses at 15% above budget’?, why does that tell us he doesn’t need to inform the partners of the increase in cost is not higher than the 15% budget variance contingency agreed?
Also, No.53: why using shortterm debt to reduce an existing account payable won’t increase CFO?
should shortterm debt be classified into CFF?