Nyree Company Is Preparing Its Budget for the Third Quarter

question 180

Multiple Choice

Nyree Company is preparing its budget for the third quarter.The cash balance on June 30 was $32,000.Additional budgeted data are provided here:

What amount should be shown in the cash budget for the cash balance at the end of July?

• A)$36,000
• B)$17,000
• C)$121,000
• D)$85,000

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Definitions:

Corticotropin-Releasing Hormone

A hormone involved in the stress response, stimulating the pituitary gland to release adrenocorticotropic hormone, which then promotes the production of cortisol by the adrenal glands.

Adrenocorticotropic-Releasing Hormone

A hormone produced in the hypothalamus that stimulates the release of cortisol from the adrenal gland, playing a key role in the body's response to stress.

Epinephrine

Also known as adrenaline, it's a hormone and neurotransmitter involved in the "fight or flight" response.

Homeostatic Hormones

Compounds released by glands into the bloodstream to regulate bodily functions and maintain an internal balance.