Which of the Statements Below Is FALSE

question 14

Multiple Choice

Which of the statements below is FALSE?

• A)Cash disbursements (expenditures)are closely tied to the sales forecast as these forecasts are typically used for scheduling production.
• B)Production 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's the timing and the amount of cash flow that is important to the financial manager and estimating these cash outflows is part of the cash forecasting process.

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Definitions:

Per-Unit Tariff

A fixed fee charged by a government on each unit of goods imported, intended to protect domestic industries.

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Elevated taxes imposed on imported goods, typically used to protect domestic industries from foreign competition.

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Bicycles manufactured in Germany, known for their quality, engineering, and design.

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A country in North America, known for its significant economic, political, and cultural influence globally.