Efficient Cash Management Techniques Can

question 38

Multiple Choice

Efficient cash management techniques can

• A)reduce the investment in cash balances and foreign exchange transaction expenses.
• B)provide for maximum return from the investment of excess cash.
• C)result in borrowing at lowest rate when a temporary cash shortage exists.
• D)all of the options

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Definitions:

Innovation of New Ideas

The process of creating and implementing new concepts, products, or solutions.

Creative Destruction

The replacement of existing products, processes, ideas, and businesses with new and better ones.

Economies of Scale

The economic benefits that companies gain from their size of operation, whereby the expense per output unit typically diminishes as the scale expands.

Large Quantities

A significant amount or number of items or material, often related to production or purchasing operations.