Which One of the Following Is One of the Main

question 145

Multiple Choice

Which one of the following is one of the main purposes of preparing a cash receipts and disbursements budget?

• A)to find investment opportunities for anticipated surpluses
• B)to reconcile cash on hand
• C)to determine production needed
• D)to determine how many units need to be sold

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Definitions:

Innovators

Individuals or organizations that introduce new ideas, products, or methods, driving technological advancement and economic growth.

Economic Consequences

The outcomes or effects that economic decisions or policies have on an economy.

Anticipate The Future

The act or strategy of making decisions or preparations based on forecasts or predictions about future conditions or needs.

Creative Destruction

Creative destruction is an economic theory proposed by Joseph Schumpeter, describing the process through which old economic structures are destroyed and replaced by new, more efficient ones.