The Term Target Hardening Refers To

question 60

Multiple Choice

The term target hardening refers to:

• A)accepting that fact that burglaries happen in all parts of the world.
• B)altering physical characteristics of a property to make it less vulnerable.
• C)taking out additional insurance to cover losses in the event of a burglary.
• D)helping people understand that they will eventually get over being victimized.

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Definitions:

Minimum Cash Balance

The least amount of cash a business decides to keep on hand to meet immediate needs, often set as a part of cash management policies.

Cash Excess

Cash excess refers to the situation where a company or individual has more liquid cash available than is necessary for current operations or investments.

Master Budget

A comprehensive financial planning document that includes all of the smaller, individual budgets within an organization, projecting all major financial activities.

Static Budget

A static budget is a fixed budget that does not change or adjust in response to changes in business activity levels, such as sales volume or production capacity, during the budget period.