Which of the Following Statements Best Describes the Position of Cash

question 37

Multiple Choice

Which of the following statements best describes the position of cash on the balance sheet at most organizations that utilize effective cash management practices?

• A)Cash is usually immaterial.
• B)Cash is usually highly material.
• C)Cash is usually dispersed among many different accounts.
• D)Cash is usually affected by many different capital asset accounts.

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Definitions:

DLP

Stands for Digital Light Processing, a technology used in projectors and video displays, or Data Loss Prevention, measures to prevent data breaches.

Security Policy

One or more documents that provide rules and guidelines related to computer and network security.

Corporate Password

A password policy and set of credentials established by a business or organization to secure access to its networks, systems, and data.

Log File

A file that records events, transactions, or messages that occur within an operating system, application, or other software.