Effective Cash Management and Control Includes All of the Following

question 131

Multiple Choice

Effective cash management and control includes all of the following except

• A)the use of a petty cash fund.
• B)bank reconciliations.
• C)short-term investments of excess cash.
• D)purchase of stocks and bonds.

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Definitions:

Marginal Social Cost

The total cost society bears for the production of an additional unit of a good or service, including both private costs incurred by firms and external costs to others.

Marginal Damage Cost

Marginal Damage Cost signifies the additional harm or cost caused by producing one more unit of a product, often used in environmental economics.

Total Damage

The complete amount of harm or loss, usually in a legal or financial context, resulting from an action or event.

Market Level

A term used to describe the overall state or condition of a market, including its size, competitiveness, and efficiency.