The Key to Managing a Cash Flow Is to

question 75

Multiple Choice

The key to managing a cash flow is to

• A) pad the price of the bid on project proposals to cover contingencies.
• B) add a sizable profit to the proposal after estimating direct and indirect costs.
• C) optimistically plan the budget to win more contracts.
• D) ensure that cash comes in faster than it goes out.

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Definitions:

Psychosexual Development

Sigmund Freud's theory of the stages of child development, each characterized by a focus on pleasure from a specific area of the body, shaping personality.

Phallic Stage

A phase in Freud's psychosexual development, occurring from about ages 3 to 6, where the libido (sexual energy) focuses on the genital area.

Oral

Relating to the mouth, including the act of speaking, intake of food, or in medical terms, medication taken by mouth.

Fixation

An obsessive focus or attachment to a developmental stage, person, or object.