The Company Has $10,000 in Its Checking Account,$20,000 in Its

question 60

Multiple Choice

The company has $10,000 in its checking account,$20,000 in its savings account,$1,000 in petty cash,$25,000 in one-year Treasury bills,and $15,000 in a money market fund.What amount should be reported as cash and cash equivalents on the balance sheet?

• A) $30,000
• B) $31,000
• C) $46,000
• D) $71,000

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Definitions:

Behavioral Expectations Approach

A perspective that focuses on how individuals’ expectations about the behavior of others can influence their own behavior in social interactions.

Value and Humanistic Psychologists

Psychologists who emphasize the inherent worth of individuals and the importance of personal growth and self-actualization.

Psychological Environment

The mental or emotional climate that influences an individual's perceived reality and well-being.

Conscious Motivation

The awareness of internal or external forces that stimulate the desire to commit to a particular course of action.