In the month of August, a firm had total cash receipts of $10,000, total cash disbursements of $8,000, depreciation expense of $1,000,and a beginning cash balance of $500. At the end of August, the firm wants a minimum cash balance of $3,000. At the end of August, the firm ________.
A) required total financing of $500
B) had an excess cash balance of $5,500
C) had an excess cash balance of $500
D) required total financing of $2,500
A) required total financing of $500
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In handling objections during the sales call, Gavin (the salesperson) normally will say "yes, but ..." then proceed to explain his brand's benefits or features that will address the objection raised. This approach is called the:
A) compensation method B) "feel, felt, found" method C) head-on method D) indirect method
Which of the following is a benefit of creating a vulnerability chart?
a. It forces the investigators to explicitly consider all aspects of a fraud act. b. It conveys a warning to all employees that fraud will not be tolerated. c. It lists/coordinates the steps the investigator must take to uncover the perpetrator. d. It shows management where controls are weak.
Which of the following is considered as information rather than mere data?
A. the return on investment of an advertising campaign B. the total number of students in a school C. a list of property prices in a neighborhood D. the price of a company's shares on a given day E. the weight of a car
Which of the following best illustrates a technology-driven standard set by direct regulation?
A) a regulation that requires air filters to be set on high instead of low in order to give out cleaner air B) a regulation that requires the contaminants in water to be at a particular level so that it is potable C) a regulation that requires air quality in a city to be at a level so that the number of asthma cases will continue to decrease D) a regulation that requires the smoke from a factory to be filtered so that it minimizes the chances of lung disease in children