Cash Budgets Include All of the Following EXCEPT ________

question 55

Multiple Choice

Cash budgets include all of the following EXCEPT ________.

• A)an analysis of interest on cash earned from company profits
• B)a statement of the company's cash inflows and outflows
• C)an indication when the company can invest excess funds in securities
• D)a tangible standard against which to compare actual cash inflows and outflows

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Definitions:

Quasi-Endowment

Funds that are not permanently restricted under the terms of the gift but are designated by the governing board to function as an endowment, thus not easily expendable for general operations.

Liquid Assets

Assets that can be quickly and easily converted into cash without significantly affecting their value.

Financial Ratios

Quantitative measures derived from a business's financial statements, used to evaluate its performance, liquidity, and financial health.

Managerial Accounting

A branch of accounting focused on providing financial data and analysis to managers within organizations to inform decision-making.