As a Finance Manager at AllSports Communication, Charlie Worries About

question 273

Multiple Choice

As a finance manager at AllSports Communication, Charlie worries about the firm's borrowing requirements for the upcoming year. He knows the benefit of estimating AllSports' cash disbursements and short-term investment expectations. Facing these concerns, a(n) ________ would provide Charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing

• A) operating budget
• B) cash budget
• C) capital budget
• D) line item budget

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Definitions:

Particular Asset

Refers to a specific asset that is identifiable and distinguishable from other assets owned by an individual or entity.

Portfolio

A variety of investment assets including but not limited to stocks, bonds, commodities, and liquidity, with mutual funds and ETFs included.

Stocks and Bonds

Financial instruments where stocks represent ownership equity in a company and bonds are debt securities issued to investors.

Group of Assets

A collection of different assets held by an individual or entity that can include stocks, bonds, real estate, and more.