Arakaki Inc

question 70

Multiple Choice

Arakaki Inc. is working on its cash budget for January. The budgeted beginning cash balance is $41,000. Budgeted cash receipts total $114,000 and budgeted cash disbursements total $113,000. The desired ending cash balance is $60,000. The excess (deficiency) of cash available over disbursements for January will be:

• A)$42,000
• B)$155,000
• C)$40,000
• D)$1,000

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Definitions:

Quality Assurance

The systematic process of verifying whether a product or service meets specified requirements.

Quality Control

The processes and measures taken to ensure the quality of a product or service meets specific standards.

Chemical Hygiene Plan

A written program developed to ensure the safe use and handling of chemicals within a workplace.

Biohazard Safety

Procedures and practices that protect humans from exposure to biohazardous materials, including pathogens and biological wastes.