Which of the Following Presents an Effective Technique to Improve

question 98

Multiple Choice

Which of the following presents an effective technique to improve cash management?

• A) Speed up cash payments and slow down cash collections.
• B) Speed up cash collections and slow down cash payments.
• C) Speed up both collections and payments of cash.
• D) Slow down both the payment and collections of cash.

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Definitions:

Supply Curve

A graphical representation showing the relationship between the quantity of goods suppliers are willing to sell and the price of those goods.

Expansion Of Production

The increase in the output of goods and services by a firm or economy, typically involving larger quantities of products or expansion into new markets.

Production Costs

The total expenses incurred in the manufacture of a product, including raw materials, labor, and overheads.

Marginal Cost

The cost incurred by producing one more unit of a product or service.