Which of the Following Is not a Basic Principle of Cash

question 67

Multiple Choice

Which of the following is not a basic principle of cash management?

• A)Increase collection of receivables.
• B)Keep inventory levels high.
• C)Delay payment of liabilities.
• D)Invest idle cash.

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Definitions:

Channels of Command

The formal lines of authority and communication in an organization, through which orders and decisions are passed down.

Differentiation

The process of distinguishing or creating differences between objects, concepts, or entities.

Decision-Making

The cognitive process of selecting a course of action among several alternatives, crucial in clinical settings for determining patient care strategies.

Coordination

The organization of the different elements of a complex body or activity so as to enable them to work together effectively.