Management Accountants Usually Provide for a Minimum Cash Balance in Their

question 74

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) to comply with U.S. GAAP
• C) it provides a safety buffer for variations in estimates
• D) to have funds available for major capital expenditures

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Definitions:

Informal Job Behaviors

Actions or conducts by employees that are not part of their formal job responsibilities, often personal or unofficial in nature.

Procedural Justice Model

A theory in organizational behavior that focuses on the fairness of the processes used to make decisions.

Motivated To Perform

This refers to the condition where an individual shows enthusiasm or willingness to carry out tasks effectively due to intrinsic or extrinsic factors.

Goal-Related Tasks

Tasks that are directly tied to the accomplishment of specific objectives within an organization or project.