If a Company Wants to Predict How Much Money It

question 119

Multiple Choice

If a company wants to predict how much money it can make this coming year, it would benefit from developing a

• A) master budget.
• B) consolidated income statement.
• C) short-term forecast.
• D) statement of cash flows.

---

Definitions:

Team Challenges

Issues or obstacles that a group of individuals working together may face in achieving their collective goals.

Quality Circles

Groups of workers who meet regularly to discuss and solve problems affecting the quality of their work.

Psychological Safety

A belief or sense within a group or organization that one can speak up, offer ideas, and ask questions without fear of punishment or ridicule.

Employee Involvement

The practice of involving staff in the decision-making processes of an organization to improve commitment, productivity, and job satisfaction.