The Question "Can You and Your Company Back Up Your

question 2

Multiple Choice

The question "Can you and your company back up your promises?" is addressing which component of trust?

• A) Competence or expertise
• B) Candor
• C) Customer orientation
• D) Dependability
• E) Compatibility

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Definitions:

Cash Receipts

The collection of cash, typically from customers, which is recorded during the period it is received.

Cash Disbursements

The outflow of cash to pay for goods, services, and financial obligations during a specific period of time.

Cash Receipts

The collection of money, including cash, checks, and credit card payments, received by a business during a period.

Minimum Cash Balance

The lowest amount of cash that a company or individual aims to hold in order to meet operational and transaction needs.