Which of the Following Will Not Be Affected by a Change

question 311

Multiple Choice

Which of the following will not be affected by a change in a firm's credit policy?

• A) Gross profit.
• B) Inventory.
• C) Cash flows.
• D) Current assets.
• E) Net working capital.

---

Definitions:

Groupthink

A phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Implicit Attitudes

Unconscious beliefs or feelings towards people, objects, or concepts that influence one's responses independently of conscious control.

Just-World Phenomenon

The tendency for people to believe the world is just and that people therefore get what they deserve and deserve what they get.

Mirror-Image Perceptions

Mutual views often held by conflicting people, as when each side sees itself as ethical and peaceful and views the other side as evil and aggressive.