Daniel Wishes to Create a Financial Blueprint for a Future

question 108

Multiple Choice

Daniel wishes to create a financial blueprint for a future period that reflects such items as expected sales revenues, operating expenses, and cash receipts and disbursements. Daniel wants to create a (n) ______.

• A) sales forecast
• B) statement of cash flows
• C) budget
• D) income statement

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Definitions:

Intentionally Harm

The deliberate action to cause damage or injury to another person or entity.

Unpaid Wages

Compensation that has been earned by an employee but has not yet been paid by the employer.

Services Rendered

Services rendered refer to the completion and provision of services agreed upon between a provider and a recipient.

Undisclosed Principal

A party in a contractual agreement whose identity is not revealed to the third party by the agent during the time of the agreement.