Which of the Statements Below Is TRUE

question 68

Multiple Choice

Which of the statements below is TRUE?

• A)The increase in working capital accounts necessary to support a project also provides for cost increases at the end of the project.
• B)An increase in working capital can be brought about by an increase in inventory.
• C)Decreases in accounts receivables constitute a use of cash flow because you are helping your customers finance their purchases.
• D)Decreases in accounts payable constitute a source of cash flow because you are using your suppliers to help finance your business operations.

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Definitions:

Corporate Strategy

The overarching plan that defines the long-term objectives and direction of a corporation, determining how to allocate resources to meet its goals.

Negotiating Skills

The ability to effectively discuss and reach agreements or compromises between parties with differing opinions or needs.

360-Degree Feedback

is a performance appraisal method where employees receive confidential, anonymous feedback from the people working around them, including peers, subordinates, and supervisors.

Subordinates

Individuals who are lower in rank or position in an organization and are typically subject to the authority of superiors.