Select the Incorrect Statement Regarding the Cash Budget

question 106

Multiple Choice

Select the incorrect statement regarding the cash budget.

• A) The cash budget helps managers to anticipate cash shortages and excess cash balances.
• B) Cash inflows and outflows indicated on the cash budget are reported on a company's pro forma statement of cash flows.
• C) Cash payments may include outflows for inventory, selling and administrative expenses, and equipment purchases.
• D) The total cash available is calculated by adding cash receipts and the ending cash balance.

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Definitions:

Big Five Personality Traits

A model outlining five broad dimensions used to describe human personality: Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism.

Neurotic

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Remarks or feedback given in an aggressive or derogatory manner intended to belittle or harm someone.

Good-Natured Joking

The act of engaging in humor or jesting that is friendly, positive, and not intended to cause harm or discomfort.