Which of the Following Is True About the Cash Available

question 82

Multiple Choice

Which of the following is true about the cash available for needs before financing?

• A)Beginning cash balance minus receipts equal the total cash available for needs before any financing.
• B)Cash receipts do not depend on collections of accounts receivable.
• C)Cash receipts do not depend on cash sales.
• D)Cash receipts to not depend on reoccurring rent and royalty receipts.
• E)Information on the expected collectability of accounts receivable is needed for accurate predictions.

---

Definitions:

High-Impact Nonprofit

A nonprofit organization characterized by significant and demonstrable effects on the communities or issues it aims to serve, often through innovative or efficient approaches.

Habitat For Humanity

A nonprofit organization that helps families build and improve places to call home, focusing on affordable housing solutions.

Sweat Equity

A non-monetary investment that increases the value or ownership interest created by the investment of hard work for no compensation.

Entrepreneur

An individual who creates, organizes, and operates a business venture, taking on greater than normal financial risks in order to do so.