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Tammy Is Talented at Craft but Lacks the Cash Flow

Question 74

Multiple Choice

Tammy is talented at craft but lacks the cash flow management skills required to run a business.She opens a store,Tammy's Craft Corner,with the help of her son David-a business major-who manages the budgets and expenses of the business.Within a few months,David notices problems in cash flow.Although not the primary strategy of her business,Tammy takes up craft projects for kindergarten schools in an effort to increase cash inflow.This kindergarten project is an example of a(n) _____.


A) consignment
B) noncore project
C) charge back
D) arraignment

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