Answer the Following Question(s) Using the Information Below

question 84

Multiple Choice

Answer the following question(s) using the information below.
The following information pertains to Tiffany Company:
• Cash is collected from customers in the following manner:
• 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month.
• Labour costs are 20% of sales. Other operating costs are $15,000 per month (including $4,000 of depreciation) . Both of these are paid in the month incurred.
• The cash balance on March 1 is $4,000. A minimum cash balance of $3,000 is required at the end of the month. Money can be borrowed in multiples of $1,000.
-How much cash will be disbursed in total in March?

• A) $21,000
• B) $25,000
• C) $48,200
• D) $44,200
• E) $45,800

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Definitions:

Source Code

Source code is the set of instructions and statements written by a programmer using a computer programming language that will be compiled or interpreted to produce a software program.

Zero-day Attack

A zero-day attack exploits undisclosed or unpatched computer software vulnerabilities, allowing attackers to adversely affect computer programs, data, additional computers or a network.

Patch Management

The process of distributing and applying updates to software to ensure it is up to date and secure against vulnerabilities.

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A screensaver password is a security feature that requires a user to enter a password to gain access to a system after the screensaver has activated.