The primary purpose in preparing a cash budget is ________
A) to evaluate the intrinsic value of a financial assets
B) to estimate a firm's short-term cash requirements
C) for risk analysis
D) to estimate sales
B
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The fundamental way in which a company will achieve its goal is described in its
A) balance sheet and income statement. B) cash flow statement. C) budget. D) mission statement.
Migration of workers or migration of employers, and the resulting encounter of people from different places with different cultures and capabilities, is an important contributor to _______________.
a. Socioeconomic Diversity b. Gender Diversity c. Age Diversity d. Workplace Diversity
Goldhar&Nemoy, a law firm, leases a fax machine from QED Business Machines. The principal is $5,000 and the interest over the five-year term of the lease is $1,000, so that G & M's monthly payment are $100 for 60 months
The lease provides that if any payment is missed, the entire balance of the lease becomes due, and QED may repossess the machine. G & M makes the first 12 payments, then defaults. QED repossesses the machine and immediately re-leases it to another company on the same terms. It sues G&M for $4,800. Which of the following statements is TRUE? A) This lease contains an acceleration clause which permits QED to sue for the full balance owing after a default? B) G&M may be able to defend on the basis that the acceleration clause is a penalty. C) If the acceleration clause is struck down, QED's damages will be limited to the expenses of repossessing and re-leasing the machine. D) All of the above are true. E) None of the above are true.
The customer may participate in the design of, and in the delivery of, services
Indicate whether the statement is true or false