Which One of the Following Statements Is True

question 53

Multiple Choice

Which one of the following statements is true?

• A) The cash budget is also a very useful planning tool for entrepreneurs
• B) The cash budget summarises the cash flows into and out of a company over a period of time.
• C) Preparing a cash budget helps an entrepreneur better understand where money is coming from, where it is going, and how much external financing is likely to be needed and when.
• D) All of the above are true.

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Definitions:

Political Coalition

An alliance between different political parties or groups for achieving common goals or gaining political power.

Second New Deal

Represents a phase of the New Deal programs put forth by President Franklin Roosevelt in the mid-1930s to combat the Great Depression, focusing on social welfare benefits, stricter controls over business, labor rights, and rural improvement.

Economic Security

The state of possessing a consistent income or other means to maintain a current lifestyle and anticipate similar stability moving forward.

Federal Government

The national government of a federal country, where powers are divided between the central authority and constituent political units, such as states or provinces.