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Budgeting Is Part of Which of the Following Activities Managers

question 10

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Budgeting is part of which of the following activities managers perform in organizations?


Definitions:

Cash Flow Statement

The cash flow statement is a financial document that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Dividends

A portion of a company's earnings that is paid to shareholders as a distribution of profits.

Balance Sheet

A report detailing a firm's assets, liabilities, and owners' equity at a certain moment.

Retained Earnings

The portion of a company's profit that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay down debt.

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