Management Accountants Usually Provide for a Minimum Cash Balance in Their

question 68

Multiple Choice

Management accountants usually provide for a minimum cash balance in their cash budgets for which of the following reasons?

• A)Stockholders demand a minimum cash balance.
• B)It is an important way of effectively managing cash.
• C)It provides a safety buffer for variations in estimates.
• D)It makes funds available for major capital expenditures.

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