If a Firm Is Currently Profitable,then

question 22

Multiple Choice

If a firm is currently profitable,then:

• A)its current cash inflows must exceed its current cash outflows.
• B)its reported sales exceed its costs.
• C)its cash flows are known with certainty.
• D)it will always have sufficient cash to pay its bills in a timely manner.
• E)the timing of the related cash flows is irrelevant.

---

Definitions:

Means-Ends

A problem-solving technique that involves identifying the desired outcome (end) and finding the most efficient means to reach that outcome.

Subgroups

Smaller groups formed within a larger group, based on shared interests or characteristics.

Adequate Financing

Having sufficient funds or capital to cover the startup, operation, or expansion of a business.

Feedforward Control

A management technique that involves the collection and analysis of performance data before a task is undertaken, with the aim of preventing future problems.