Which One of the Following Statements Is Correct Concerning the Cash

question 204

Multiple Choice

Which one of the following statements is correct concerning the cash cycle?

• A) The longer the cash cycle, the more likely a firm will need external financing.
• B) Increasing the accounts payable period, increases the cash cycle.
• C) A positive cash cycle is preferable to a negative cash cycle.
• D) The cash cycle can exceed the operating cycle if the payables period is equal to zero.
• E) Adopting a more liberal accounts receivable policy will tend to decrease the cash cycle.

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Definitions:

Treatment Tasks

Specific activities or assignments given to clients as part of their therapy or intervention process.

Initial Phase

The beginning stage of a process, such as a therapeutic relationship or project, where initial assessments or plans are made.

Working-Phase

A stage in the therapeutic process where the therapist and client collaboratively address the client's issues and work towards achieving therapeutic goals.

Client Goals

The desired outcomes or objectives a client aims to achieve through engaging in the counseling process.