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:

Lessons of Experience

The knowledge and insights gained from personal and professional experiences, contributing to one's understanding and capabilities.

Learning Organisation

An entity that actively facilitates the learning of its members and continuously transforms itself to achieve superior outcomes.

Bureaucratic Organisation

A structured, formal organization characterized by fixed rules, a clear hierarchy, and detailed procedures and protocols to manage activities.

Mature Organisation

An organization that has developed over time to a stage where it enjoys stable growth, well-established systems, and processes, and a clear sense of identity.