Most Companies

question 80

Multiple Choice

Most companies

• A)are not concerned with the management of working capital because cash flows are good.
• B)strive for a balance between current assets and current liabilities.
• C)try to maintain protection from the creditors by keeping only a small amount of cash available.
• D)agree that working capital of $3,000,000 is sufficient for business operations.

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Definitions:

Training Costs

The expenses associated with the process of educating or teaching employees new skills, knowledge, or behaviors related to their jobs.

Work Efficiency

The effectiveness with which tasks and goals are accomplished within the workplace, often measured by the ratio of output generated to the input required.

Integrator Roles

Refers to positions or responsibilities within an organization aimed at synthesizing various inputs, perspectives, and resources to achieve unified outcomes or solutions.

Formalization

The extent to which policies, procedures, job descriptions, and rules are written and explicitly articulated within an organization.