Which One of the Following Is the Format of the Cash

question 108

Multiple Choice

Which one of the following is the format of the cash budget?

• A)beginning cash balance plus total receipts equals ending cash balance.
• B)beginning cash balance plus total receipts less total disbursements equals ending cash balance.
• C)total cash receipts minus total cash disbursements equals total available cash.
• D)total cash receipts minus total cash disbursements plus beginning cash balance less ending cash balance equals total cash available.

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Definitions:

Circular-Flow Diagram

A visual model of the economy that shows how dollars flow through markets among households and firms

GDP

The total worth of all goods and services produced within a country during a given time frame is defined as Gross Domestic Product, reflecting the nation's economic activity.

Buyer

An individual or entity that purchases goods or services for personal use or in the course of business operations.

Seller

An individual, company, or entity that provides goods or services to buyers in exchange for money or other compensation.