Which One of the Following Items Would Never Appear on a Cash

question 143

Multiple Choice

Which one of the following items would never appear on a cash budget?

• A) Office salaries expense
• B) Interest expense
• C) Depreciation expense
• D) Travel expense

Understand accounting and reporting practices for capital assets and related contributions in not-for-profit organizations.

Comprehend the requirements and methods for accounting for donated goods and services in not-for-profit organizations.

Identify the purposes of using an encumbrance system in budgeting and accounting for not-for-profit entities.

Apply knowledge of differences between not-for-profit organizations and business enterprises in financial reporting.

---

Definitions:

Private Corporation

A company owned by a small group of people or by a non-governmental organization, and its shares are not traded on public stock exchanges.

Non-profit Organization

An entity structured to operate and provide services or support for public or social benefit rather than generating profits for owners or shareholders.

Triple Bottom Line

A sustainability framework that evaluates a company's performance based on three pillars: social, environmental, and financial factors.

CSR Activities

Corporate Social Responsibility actions undertaken by companies to positively impact society, the environment, and their communities.