Which of the Following Would Have No Effect, Either Direct

question 40

Multiple Choice

Which of the following would have no effect, either direct or indirect, on an organization's cash budget?

• A) Sales revenues.
• B) Outlays for professional labor.
• C) Advertising expenditures.
• D) Raw material purchases.
• E) None of the other answers are correct, since all of these items would have some influence.

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Definitions:

Collateral

The property that is subject to a security interest.

Assumes Debt

When an individual or entity takes on the legal obligation to pay back a debt originally owed by another party.

Assign

To transfer property by sale, mortgage, pledge, or otherwise.