Which of the Statements Below Is TRUE

question 99

Multiple Choice

Which of the statements below is TRUE?

• A)Cash collections are closely tied to the sales forecast as the sales forecasts are typically used for scheduling production.
• B)Financing costs include the wages paid to workers,the raw materials for manufacturing products,the overhead (such as electricity,water,plant space,and so on),and the shipping costs that get the product to the customer.
• C)Once all the expenditures and receipts are determined,a financial manager can determine the exact cash excess or cash shortfall in upcoming periods.
• D)It is the timing and the amount of cash outflow from production that is important to the financial manager and estimating this amount is part of the cash forecasting process.

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Definitions:

Principle of Utility

A philosophical principle asserting that the best action is the one that maximizes overall happiness or pleasure and minimizes overall pain or harm.

Particular Acts

Refers to specific actions taken by individuals or groups, often analyzed in ethical, legal, or social contexts to determine their morality or impact.

Ethical Theory

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Intuitions

Immediate understanding or knowledge of something without the need for conscious reasoning.