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:

Acuity

Sharpness or keenness of thought, vision, or hearing; the ability to sense or perceive accurately.

Level of Urgency

A classification used in healthcare settings to determine the priority of patient care based on the severity of their condition.

Organ Involved

Refers to the specific body part or organ affected by a medical condition or involved in a physiological process.

Dislocated Humerus

A medical condition where the bone of the upper arm (humerus) is displaced from its normal position in the shoulder joint.