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lubasha [3.4K]
3 years ago
9

Select the incorrect statement regarding the cash budget. Multiple Choice Cash inflows and outflows indicated on the cash budget

are reported on a company's pro forma statement of cash flows. Cash payments may include outflows for inventory, selling and administrative expenses, and equipment purchases. The cash budget helps managers to anticipate cash shortages and excess cash balances. The total cash available is calculated by adding cash receipts and the ending cash balance.
Business
1 answer:
babunello [35]3 years ago
6 0

Answer:

The incorrect statement regarding the cash budget is :

The total cash available is calculated by adding cash receipts and the ending cash balance.

Explanation:

The Cash available is calculated by <em>adding</em> the Cash Receipts to the Opening Cash Balance <u>instead of</u> the Ending Cash Balance.

The Cash that is available would then be used to meet cash expenditures for the anticipated period.

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If the Administrator were examining the actions of a particular agent to determine whether the agent engaged in churning a clien
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Answer:

C) the client's objectives, financial resources, and the character of the account

Explanation:

While at the time of examining the actions of a specific agent by the administrator with respect to the commission earned would be depended upon the objective of the client, his financial resources,and the character of the account.

The character of the account represents the type of account in which the client is interest as different accounts have different commissions

So these three above objectives should be required

Hence, the option c is correct

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3 years ago
When a commercial for men's razor blades demonstrate how the blades work to create the closest shave, the brand is using a _____
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Answer:

a) Informational

Explanation:

The company is using informational appeal in its advertisement to convince the buyers that they need the product and shows how it works. . This type of appeal informs customers of the features, quality and benefits of a product. The demonstration of how the blades work helps the potential customers to make a rational decision as it it portrays that the blades' function of the providing the closest shave is what they need.

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3 years ago
Ashley is considering the purchase of a stock that has just paid a dividend of $0.72, today. The dividend is expected to grow at
arlik [135]

Answer:

$10.28

Explanation:

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This calculation is: D1 = D0 x (1 + g)

D1 = $0.72 x (1 + 2.8%) = $0.74.

Where

Do = Dividend now

D1 = Dividend in year 1

g = growth

<u>Step 2 Next, using the Gordon Growth Model, </u>

Price per share is found to be D(1) / (r - g)

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where:

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3 years ago
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GREYUIT [131]

Answer:

decrease the stockholder equity and decrease in assets

Explanation:

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In the given case,  

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Rent expense A/c Dr XXXXX

    To Cash A/c XXXXX

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So it decreases the stockholder equity as it includes the income and expenses part and it decreases in assets as it reduces the cash balance

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3 years ago
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What could mean above is that the events that is happening to Patricia's life is an opportunity. It is an opportunity for it enables a person to do the things he or she wants with the circumstances that has been given to him or her. It could be described in the scenario above as a global company approach her into selling her products to their shop in which it could make her reach the goal that she has always wanted.
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