A Company Has a $14,457 Credit Balance in the Cash

question 80

Multiple Choice

A company has a $14,457 credit balance in the cash account. Given this information, which of the following is a TRUE statement?

• A)This is NOT a normal account balance-companies don't normally have this much cash on hand.
• B)It is NOT normal for the cash account to have a credit balance.
• C)Not enough information provided, since normal account balances are different for each company.
• D)It is ALWAYS normal for the cash account to have a credit balance.

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Definitions:

Normal Weight

A weight classification based on Body Mass Index (BMI) that is considered healthy and not at increased risk for weight-related health problems.

Physiological Risk Factors

Elements or conditions related to the body's functions that increase the likelihood of developing a disease or injury.

Heredity

Heredity is the passing on of physical or mental characteristics genetically from one generation to another.

Obesity

A medical condition characterized by excessive body fat that increases the risk of health problems.