Which of the Following Items Would Not Be Taken into Account

question 58

Multiple Choice

Which of the following items would not be taken into account when preparing a firm's cash budget?

• A) Depreciation on motor vehicles
• B) Provision for doubtful debts
• C) Discount allowed
• D) Depreciation on motor vehicles AND provision for doubtful debts

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Definitions:

Formal Operations

The stage in Piaget’s theory of cognitive development where adolescents and adults develop the ability to think about abstract concepts and logically test hypotheses.

Concrete Operations

A stage in cognitive development, according to Piaget, where children gain the ability to think logically about concrete events.

Preoperational Thought

A stage in cognitive development, according to Jean Piaget, where children aged 2-7 years are capable of using symbols and language but do not yet understand concrete logic.

Fluid Intelligence

Our ability to reason speedily and abstractly; tends to decrease during late adulthood.