Which of the Following Is not a Basic Principle of Cash

question 107

Multiple Choice

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

• A)Increase the speed of collection on receivables.
• B)Maintain idle cash.
• C)Keep inventory levels low.
• D)Delay payment of liabilities.

Distinguish between data, information, knowledge, and wisdom in the context of business decision-making.

Describe the structure and purpose of databases, networks, and other key information system components.

Understand the impact of digital initiatives on traditional media strategies and business models.

Recognize the importance of infrastructure planning, development, and control as a traditional function of the MIS department.

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Definitions:

Decline

A decrease in the importance, quality, or performance of something, often observed in product life cycles or economic conditions.

Growth Stage

A phase in the lifecycle of a product or business characterized by rapid revenue growth and increasing market acceptance.

Promotional Strategy

A plan designed to inform, persuade, or remind targeted audiences about a business's products or services.

Promotional Budget

The allocation of funds dedicated to marketing and advertising efforts over a specific period.