Mark Wants to Make Sure He Does Not Run Out

question 44

Multiple Choice

Mark wants to make sure he does not run out of cash so he is preparing a monthly cash budget.After determining the percentage of cash collections by month,he should

• A)estimate the amount and timing of cash disbursements.
• B)calculate cash flow from operations.
• C)determine the end-of-month cash balance.
• D)determine beginning-of-the-month cash balance.

---

Definitions:

Stimulation Needs

The requirement for mental or physical activity to maintain cognitive and physical health, particularly in different age groups or individuals with specific health conditions.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that outlines a five-tier model of human needs, depicted as hierarchical levels within a pyramid.

Basic Human Needs

Fundamental physiological and psychological needs that are common to all humans, such as the need for food, water, shelter, and safety.

Holism

The theory or belief that all the properties of a system (biological, chemical, social, economic, mental, linguistic, etc.) cannot be fully understood without examining the system as a whole.