In the Creative Process, __________ Is When You Make Sure

question 1

Multiple Choice

In the creative process, __________ is when you make sure the idea is practical.

• A)illumination
• B)incubation
• C)preparation
• D)evaluation

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Definitions:

Cash Commitments

Obligations to pay out cash in the future for contracts or other agreed upon transactions.

Compensating Balance

A minimum bank account balance that a borrower agrees to maintain as a condition for borrowing from a lender.

Minimum Cash Balance

The least amount of cash a company aims to hold in its accounts to meet immediate transaction demands.

Bank Requirement

Specific conditions imposed by a bank on a borrower or account holder, including minimum balances and fees.