The key outputs of the short-term financial planning process are the ________.

A) cash budget, pro forma income statement, and pro forma balance sheet
B) sales forecast and capital assets journal
C) sales forecast and schedule of changes in working capital
D) income statement, balance sheet, and source and use statement


A) cash budget, pro forma income statement, and pro forma balance sheet

Business

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Jared is planning a celebratory event at his organization for two retiring members with Janice. Janice believes they should get an ad hoc committee together and distribute the work, while Jared believes they should just get the aid of two other members and work collectively. What concept of the systems metaphor are they dealing with?

A. interdependence B. homeostasis C. equifinality D. synergy

Business

The acceptable level of detection risk is inversely related to the:

A. risk of failing to discover material misstatements. B. risk of misapplying auditing procedures. C. overall materiality. D. extent of the substantive procedures.

Business

Grant Miles is conducting a study on perception of advocates based on sex. In his study, he noted that male executives who visited South American settlements to promote the use of renewable energy received a highly positive response. In contrast, women who visited the same settlements received a hostile response. However, Miles states that his findings only applied to the small settlements. In his study, the presence of a settlement is considered a _________ variable.

A. non-reactive B. contingency C. dependent D. general E. global

Business

Article 9 of the UCC is flexible, simple, and it allows a variety of forms of secured financing

a. True b. False Indicate whether the statement is true or false

Business