The Basic Strategies That Should Be Employed by the Business

question 36

Multiple Choice

The basic strategies that should be employed by the business firm in managing cash include all of the following EXCEPT

• A)paying accounts payable as late as possible without damaging the firm's credit rating.
• B)turning over inventory as quickly as possible while avoiding stock outs.
• C)collecting accounts receivable as quickly as possible without damaging customer relationships.
• D)all of the above

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Definitions:

Building Block

A fundamental component or base element used for constructing larger structures or systems.

Isotope

Variants of a particular chemical element which differ in neutron number, and consequently in nucleon number, but share the same number of protons.

Subatomic Particles

Particles that are smaller than an atom, including protons, neutrons, and electrons, which make up the atoms' structure.

Protons

Positively charged particles found in the nucleus of an atom.