Which of the Following Financial Actions Should Be Made on a Weekly

question 115

Multiple Choice

Which of the following financial actions should be made on a weekly basis by a small business manager?

• A) check your cash balance on hand
• B) note especially slow-paying accounts
• C) record any money paid out
• D) review federal tax requirements

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Definitions:

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.

Vertical Communication

The process of information flow between different levels of an organization, both upwards from subordinates to superiors and downwards from superiors to subordinates.

Failures of Substance

Situations or outcomes where the actual performance or result significantly deviates from the intended or expected one, often negatively.

Poor Analysis

Inadequate or faulty examination and evaluation of data or information, leading to incorrect conclusions or understanding.