Which of the Following Presents an Effective Technique to Improve

question 72

Multiple Choice

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

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

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Definitions:

State Legislatures

The legislative bodies in each of the states within the United States, responsible for making, amending, and repealing state laws.

General Incorporation Law

Legal statutes that facilitate the establishment of corporations by providing standardized procedures and requirements for incorporation.

For-Profit Corporations

Businesses that are established to generate profit for their owners, with revenues exceeding costs.

Laws

The system of rules created and enforced through social or governmental institutions to regulate behavior.