Which of the Following Would NOT Fall Under the Heading

question 237

Multiple Choice

Which of the following would NOT fall under the heading of short-term financial planning?

• A) A firm is considering increasing inventory to increase responsiveness to its customers.
• B) A firm is considering steps to shorten its collection period.
• C) A firm is considering making it easier for customers to purchase on credit.
• D) A firm is considering offering cash discounts to customers if they pay within 10 days.
• E) A firm is considering whether to pay a stock dividend or not.

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Definitions:

Universal Rights

Fundamental rights believed to be entitled to all individuals regardless of nationality, location, language, or any other factor.

Social Responsibility

The obligation of individuals and organizations to act in ways that benefit society at large, beyond their own interests or profit.

Utilitarianism

An ethical theory suggesting that the best action is the one that maximizes utility, or the greatest good for the greatest number of people.

Whistle-Blowers

Individuals who expose illegal, unethical, or improper practices within an organization to the public or authorities.