For Which of the Following Reasons,management Accountants Usually Provide for a Minimum

question 60

Multiple Choice

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

• 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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