A Budget Will Not Do Which of the Following

question 49

Multiple Choice

A budget will not do which of the following?

• A) Help determine if cash outflows will be sufficient to cover cash inflows
• B) Anticipate cash shortages
• C) Determine the excess you have to invest
• D) Determine the additional payments you can make to reduce personal debt

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Definitions:

Bushel

A measure of volume that is used primarily for agricultural crops, with the exact measurement differing by product.

Bananas

A type of elongated, edible fruit produced by several kinds of large herbaceous flowering plants in the genus Musa.

Comparative Advantage

The ability of a country or firm to produce a particular good or service more efficiently than other goods or services, relative to other countries or firms.

Opportunity Cost

The sacrifice of potential advantages from different alternatives when opting for a particular one.