Once the Owner Determines an Adequate Minimum Cash Balance,what Is

question 34

Multiple Choice

Once the owner determines an adequate minimum cash balance,what is the next step in creating a cash budget?

• A)Forecasting profits
• B)Forecasting sales
• C)Forecasting cash receipts
• D)Forecasting cash disbursements

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Definitions:

Affect Heuristic

A mental shortcut that allows people to make decisions and solve problems quickly based on their emotions and feelings rather than analysis.

Ethical

Relating to moral principles or the branch of knowledge that deals with moral principles.

Power Differential

The difference in authority, influence, or strength between individuals or groups in a social or professional setting.

Ethical

Relating to moral principles or the branch of knowledge dealing with these.