Which of the Following Statements About a Cash Budget Is

question 12

Multiple Choice

Which of the following statements about a cash budget is true?

• A)It is usually prepared as a part of the overall master budget.
• B)Particular emphasis is paid to cash outflows.
• C)Costs of potential shortfalls in cash are built into the firm's cost structure.
• D)Cash budgets are strictly long-term forecasts.

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Definitions:

Construct Valid

Pertains to the degree to which a test or measurement accurately represents what it is intended to measure, and how well it relates to the theoretical concept.

Work Sample Test

An assessment method that requires job applicants to perform tasks or work activities that mirror the tasks of the job they are applying for.

Integrity Test

A test designed to assess a potential employee's honesty, trustworthiness, and adherence to moral and ethical principles.

Disruptive Behaviours

Actions by individuals that interrupt or negatively impact the normal flow of work or environment, potentially harming the organization's culture.