Which of the Following Statements Is CORRECT

question 86

Multiple Choice

Which of the following statements is CORRECT?

• A) Shorter-term cash budgets,in general,are used primarily for planning purposes,while longer-term budgets are used for actual cash control.
• B) The cash budget and the capital budget are developed separately,and although they are both important to the firm,one does not affect the other.
• C) Since depreciation is a non-cash charge,it neither appears on nor has any effect on the cash budget.
• D) The target cash balance should be set such that it need not be adjusted for seasonal patterns and unanticipated fluctuations in receipts,although it should be changed to reflect long-term changes in the firm's operations.
• E) The typical cash budget reflects interest paid on loans as well as income from the investment of surplus cash.These numbers,as well as other items on the cash budget,are expected values;hence,actual results might vary from the budgeted amounts.

Identify the primary and support activities in a firm's value chain.

Grasp the impact of technology on business operations and competitive strategies.

Comprehend the difference between effectiveness and efficiency in organizational processes.

Understand the role of business process improvement (BPI) and business process reengineering (BPR) in organizational change.

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Definitions:

Classical Style

Art, architecture, and literature that draws on the principles and styles of ancient Greece and Rome, characterized by harmony, balance, and clarity.

Charlemagne

King of the Franks and Lombards and Emperor of the Romans in the late 8th and early 9th centuries, who played a significant role in the Carolingian Renaissance.

11th-Century England

A period in England's history marked by the Norman Conquest of 1066, significant social change, and the early development of feudalism.

Danish Empire

Historical period marked by the expansion and influence of Denmark, especially during the time of its colonial holdings and maritime dominance.