One Way a Firm Can Reduce the Amount of Cash

question 72

Multiple Choice

One way a firm can reduce the amount of cash it needs in any one month is to

• A)slow down the payment of receivables
• B)speed up the payment of payables
• C)speed up the payment of taxes
• D)speed up the payment of wages
• E)none of the above

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Definitions:

Repression

A psychological defense mechanism where unpleasant thoughts, memories, or desires are pushed from the conscious mind into the unconscious.

Autobiographical Memories

Remembered events and experiences that are personal, and form a narrative about one's life.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.

Procedural Memory

A type of long-term memory that enables people to perform tasks without conscious awareness of the learning process, such as riding a bike or typing on a keyboard.