Dianne and Harold Both Work for the Same Corporation

question 52

Multiple Choice

Dianne and Harold both work for the same corporation. Both stay late to finish their jobs, and both have volunteered to mentor new employees. Based on research you would predict

• A) Dianne will be viewed more positively than Harold
• B) Harold will be viewed more positively than Dianne
• C) Both will be seen as doing part of their jobs
• D) Neither will be gaining any points with the management

Grasp the importance of budgeting in non-profit organizations.

Learn the necessity of adapting budgeting practices to various measures of activity (e.g., customer served, patient-visits).

Develop the ability to report and analyze financial data critically.

Apply theoretical knowledge of budgeting to practical business scenarios.

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Definitions:

Interest Rate Sensitive

Pertaining to assets or investments that are affected by changes in interest rates.

Treasury Bills

Short-term government securities with maturities of one year or less, sold at a discount and redeemed at face value at maturity.

Target Cash Balance

The optimal amount of cash that a company aims to hold to meet expected transactions, precautionary, and speculative needs.

Speculative Motive

The intent to hold cash or other assets for the purpose of benefiting from future market movements.