When a Firm Ensures That It Always Has Enough Funds

question 249

Short Answer

When a firm ensures that it always has enough funds on hand to purchase the materials and human resources that it needs to produce goods and services, it is exercising
cash-flow management.
government tax reporting.
accounting.
financial planning.
financial control.

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Definitions:

Good Provider

A term often used to describe an individual typically responsible for supplying the necessary resources for the well-being of their family or dependents.

Gender Inequality

The social process by which people are treated differently and disadvantageously, under similar circumstances, based on gender.

Domestic Skills

The abilities related to managing and maintaining a household, such as cooking, cleaning, and budgeting.

Self-Segregation

The process by which individuals or groups separate themselves from others within a society based on characteristics such as ethnicity, religion, or socioeconomic status, often voluntarily.