Which of the Following Is True About the Relationship Between

question 52

Multiple Choice

Which of the following is true about the relationship between economics and downsizing?Prior to downsizing:

• A) most organizations were losing money
• B) most organizations were profitable
• C) employees complained about low wages
• D) most organizations lost big contracts

---

Definitions:

Minimum Cash Balance

Minimum Cash Balance is the least amount of cash a company aims to hold in its register or account to meet emergency needs or unforeseen expenses.

Sales Collection

The process of retrieving payment for goods or services provided, typically managed through invoicing and accounts receivable procedures.

Operating Cycle

The period between the acquisition of inventory and the collection of cash from receivables, indicating the efficiency of a company's operations.

Inventory Period

The duration of time goods remain in inventory before being sold.