Which of the Following Would Represent a Source of Funds

question 35

Multiple Choice

Which of the following would represent a source of funds and, indirectly, an increase in cash balances?

• A)A reduction in accounts receivable
• B)The repurchase of shares of the firm's stock
• C)A decrease in net income
• D)A reduction in notes payable

---

Definitions:

Quantity

The measurement or amount of something, numerically represented, indicating how much or how many are present or required.

Specification

A detailed description of the requirements, dimensions, materials, or standards used to describe a product, material, or system.

Master Schedule

A detailed plan that outlines the anticipated production activities of a company, indicating what is to be produced, in what quantity, and when.

Not to Be Rescheduled

An event or activity that has been decided upon not to change its planned time or date.