Which Phrase(s) Is (Are) Associated with Normative Statements

question 184

Multiple Choice

Which phrase(s) is (are) associated with normative statements?

• A) c and e.
• B) Has been shown.
• C) Should be.
• D) Can be.
• E) More than.

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Definitions:

Disbursements Section

A part of cash flow management that records cash outflows or payments made by a business during a specific period.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, helping managers ensure that sufficient cash is available for operations.

Budgeted Sales

The projected amount of sales, often expressed in units or revenue, that a company expects to achieve in a specific period.

Production Budget

An estimate of the total units that must be produced in a given period to meet sales and inventory needs.