Working-Capital Management

question 79

Multiple Choice

Working-capital management

• A) involves managing long-term assets and liabilities.
• B) is not important to small businesses.
• C) deals with assigning cash values to employees.
• D) involves managing short-term assets and sources of financing.

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Definitions:

Voidable

A contract or transaction that is valid until one party, who is entitled to do so because of some legal deficiency, chooses to void it.

Dishonored

Refers to a payment instrument, such as a check or bill of exchange, that has been presented for payment but refused.

Prius

A hybrid electric vehicle model manufactured by Toyota, recognized for its environmentally friendly technology.

Identification

The process of recognizing or establishing the identity of a person or thing, often through specific documents or unique identifiers.