The primary reason that managers impose a minimum cash balance in the cash budget is
a. because management needs discretionary cash for unforeseen business opportunities.
b. managers lack discipline to control their spending.
c. that it protects the organization from the uncertainty of the budgeting process.
d. that it makes the financial statements look more appealing to creditors.
C
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Auditors may prepare program flowcharts to verify the correctness of program logic
Indicate whether the statement is true or false
U.S. GAAP requires the classification of
a. the receipt of cash from interest and dividend revenues as an operating activity and cash related to the purchase and sale of long-term investments in securities as an investing activity. b. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of investments in securities as an investing activity. c. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of long-term investments in securities as an operating activity. d. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of investments in securities as a financing activity. e. both receipt of cash from interest and dividend revenues and cash related to the purchase and sale of long-term investments in securities as an exchange activity.
An advantage of downsizing is
a. one time losses. b. layoffs. c. reduced communications. d. decreased costs in the long run.
Who changed the scope of his practice from publicity to counseling clients and said, "If you issue an untruth in a public statement, it is going to be challenged just as soon as it sees the light"?
A. George Creel D. Carl Byoir B. Edward Bernays E. Ivy Lee C. John W. Hill