Optimizing Cash Balances Involves the Equating Of

question 64

Multiple Choice

Optimizing cash balances involves the equating of:

• A)total benefits and total opportunity costs
• B)average benefits and average opportunity costs
• C)accounts receivable and accounts payable
• D)marginal benefits and marginal opportunity costs

---

Definitions:

Work Methods

The procedures and techniques employed to complete tasks efficiently and effectively in a workplace.

Performance Standards

Criteria established for evaluating the effectiveness and efficiency of employees' work or organizational productivity.

Motion Study

The science of reducing a task to its basic physical motions.

Task Evaluation

The process of assessing the performance and effectiveness of a specific task or activity in achieving its objectives.