Working Capital Management Decisions Include Determining

question 30

Multiple Choice

Working capital management decisions include determining:

• A) the minimum level of cash to be kept in a checking account.
• B) the best method of producing a product.
• C) the number of employees needed to work during a particular shift.
• D) when to replace obsolete equipment.
• E) if a competitor should be acquired.

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Definitions:

Complete Records

Thorough and comprehensive documentation of relevant information or activities.

Alternative Dispute Resolution (ADR)

A term applied to different types of employee complaint or dispute resolution procedures.

Non-Union Workplaces

Employment settings where a labor union does not represent the workers or influence the working conditions.

Positive Discipline

A method of training or correcting an individual that focuses on the encouragement of acceptable behavior rather than punishment of unacceptable behavior.