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:

Orientations

Introductory sessions or information intended to familiarize individuals with new environments, roles, or procedures.

Narratives

Stories or accounts of events, experiences, or the like, whether true or fictitious, designed to entertain, inform, or convey messages.

Communication Tool

Devices, platforms, or software that facilitate the exchange of information between individuals or groups.

Stakeholders

Individuals or groups who have an interest, concern, or investment in a particular project, business, or outcome and may be affected by its process or result.