Management accountants usually provide for a minimum cash balance in their cash budgets because A...

80.2K

Verified Solution

Question

Accounting

Management accountants usually provide for a minimum cash balance in their cash budgets because
A
stockholders demand a minimum cash balance
B
it is an important way of effectively managing cash
C
it provides a safety buffer for variations in estimates
D
it makes funds available for major capital expenditures
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students