The Following Are Budgeted Data for the Bingham Corporation,a Merchandising

question 84

Multiple Choice

The following are budgeted data for the Bingham Corporation,a merchandising company: Assume that all purchases are paid for in the month following the month of purchase.The cash disbursements for purchases that would appear in the April cash budget would be:

• A)$180,000
• B)$157,500
• C)$240,000
• D)$217,500

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Definitions:

Set Point

The genetically influenced weight range for an individual; it is maintained by biological mechanisms that regulate food intake, fat reserves, and metabolism.

Genetically Influenced

Traits or characteristics that are shaped in part by an individual's genetic makeup.

Metabolic Rate

The rate at which the body uses energy to maintain basic life functions such as breathing, circulation, and cell production.

Set Point Theory

A theory suggesting that an individual's body weight is maintained around a biologically predetermined point, making significant long-term weight change difficult.