D&R Products Forecast Its Cash Requirements for Year One at 4

question 26

Multiple Choice

D&R Products forecast its cash requirements for year one at 4% of sales, resulting in a $10,000 cash need. The cash will be reflected in the balance sheet as _____.

• A) gross fixed assets
• B) net fixed assets
• C) current assets
• D) accounts receivable

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Definitions:

Innate Rule System

Refers to a set of principles or mechanisms believed to be pre-wired in humans, governing behavior or cognitive processing from birth.

Vocabulary Size

The total number of distinct words a person knows and can use.

Cognitive Explanations

encompass the reasoning or theories that explain how mental processes such as perception, memory, and problem-solving work.

Chomsky

A linguist and cognitive scientist who revolutionized the field of linguistics with his theory of generative grammar, emphasizing the innate structure of human language.