1. A forecast of a venture's cash receipts and disbursements is called a ___________.

sales schedule

operating cycle

cash budget

early-stage venture

2. Which of the following statements would be true about an open market sale today?

A. The supply of reserves would decrease and the fed funds rate increase

B. The demand for reserves would increase and the fed funds rate increase

C. The demand for reserves would decrease with no change in the fed funds rate

D. The supply of reserves would decrease with no change in the fed funds rate