Which of the Following Actions Could DECREASE a Firm's Working

question 23

Multiple Choice

Which of the following actions could DECREASE a firm's working capital gap?

• A)reduce the age of inventory
• B)reduce the age of accounts payable
• C)increase the age of accounts receivable
• D)All actions listed would decrease a firm's working capital gap.

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Definitions:

Conservation

A cognitive development concept where children learn that properties like volume, mass, and number remain the same despite changes in the form of objects.

Egocentrism

The inability to differentiate between oneself and other people, often referring to a young child's understanding of the world.

Secure Attachment

A form of attachment where individuals feel confident and are able to form trusting, lasting relationships.

Safe Haven

A place of refuge or security, often used metaphorically to describe supportive environments that offer protection from stress or anxiety.