Managing Cash Flow Involves Making Sure That Sufficient Payments Are

question 103

Multiple Choice

Managing cash flow involves making sure that sufficient payments are received from the customer in time so that

• A) you have enough money to cover the costs of performing the project.
• B) you hold a reserve of funds instead of paying bills.
• C) payroll can be paid and suppliers are delayed indefinitely.
• D) deposits can be made in several different accounts.

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Definitions:

Metastatements

Communications that provide commentary about other statements, often clarifying or interpreting them.

Persuasive Arguments Theory

View that people in groups are persuaded by novel information that supports their initial position, and thus become more extreme in their endorsement of their initial position.

Authoritative

Pertaining to or exhibiting authority; often related to a commanding or perceptive presence or figure.

Conviction

A firmly held belief or opinion, or the formal declaration that someone is guilty of a criminal offense based on a trial or plea.