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Which of the following scenarios does NOT describe a negative cash flow for the event? a . A charity gala with a significant fundraising goal.
Which of the following scenarios does NOT describe a negative cash flow for the event?
a
A charity gala with a significant fundraising goal. Donations are coming in slower than anticipated. As the galas fundraising goal is unlikely to be achieved, some meaningful services to the under privileged groups may have to be cut.
b
A trade show featuring various exhibitors and vendors. Some exhibitors fail to make timely payments for their booth rentals, causing a shortfall in cash flow to cover event expenses, such as venue rental, marketing, and staff wages.
c
A sports tournament with multiple teams competing. Several participating teams withdraw at the last minute due to unforeseen circumstances, resulting in reduced registration fees and sponsorship contributions, creating a cash flow challenge to cover event expenses like facility rentals, referees, and equipment.
d
A music festival with a high upfront cost for booking popular artists and securing a large venue. Ticket sales are slower than expected, resulting in a cash flow shortage to cover the upfront expenses and ongoing operational costs.
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