Which of the Following Presents an Effective Technique to Improve

question 98

Multiple Choice

Which of the following presents an effective technique to improve cash management?

• A) Speed up cash payments and slow down cash collections.
• B) Speed up cash collections and slow down cash payments.
• C) Speed up both collections and payments of cash.
• D) Slow down both the payment and collections of cash.

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Definitions:

Chocolate Ice Cream

A frozen dessert made from dairy products and flavored with cocoa or chocolate.

Complement Goods

Products or services that are used together, where the use of one increases the demand for another, such as printers and ink cartridges.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level, at a given time.

Price Decrease

A reduction in the cost of goods or services, often reflective of changes in supply and demand, competition, or production costs.