11. Depreciation expense:

1 point

A. Represents a cash expense

B. Does not represent a cash expense

C. Not applicable

12. Unrestricted fund balance belongs on the:

1 point

A. Balance sheet

B. Statement of revenue and expenses

C. Neither of the above

13. Working capital management focuses on making sure that an organization has sufficient resources to operate

1 point

A. Efficiently.

B. Over the expected life of the organization.

C. In accordance with its mission.

D. Over the next year.

14. Cash Budgets are prepared for all of the following reasons, except:

1 point

A. Manage and anticipate cash inflows and outflows

B. Track the organization's cash position should new investment opportunities arise

C. Match revenues with expenses

D. Identify lending requirements to cover cash shortfalls