An Increase in Projected [Blank] Will Increase Discretionary Funds Needed

question 4

Multiple Choice

An increase in projected [blank] will increase discretionary funds needed.

• A)cash dividends
• B)sales
• C)retained earnings
• D)both A and B

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Definitions:

Resell

The act of selling an item or asset previously bought, typically for profit.

Public Sale

An auction or sale of goods or assets that is open to the general public and conducted by a legal or governmental authority.

Private Sale

is a transaction where goods, assets, or shares are sold directly from one party to another without public auction or market trading.

Incidental Damages

Expenses or costs that arise indirectly from a breach of contract or other wrongdoing, which may be recoverable under the law.