One Way a Firm Can Reduce the Amount of Cash

question 82

Multiple Choice

One way a firm can reduce the amount of cash it needs in any one month is to

• A) slow down the payment of receivables.
• B) delay the payment of wages.
• C) accrue taxes.
• D) speed up payment of accounts payable.

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Definitions:

Preoperational Thought

A stage in cognitive development, as described by Piaget, where children ages 2 to 7 engage in symbolic play and struggle with logic and taking the perspective of others.

Twin Studies

Research designs in psychology and genetics that compare the similarities and differences between monozygotic and dizygotic twins to understand the influence of genetics and environment.

Adoption Studies

Research that examines the similarities and differences in traits between adopted children and their biological and adoptive families to understand the effects of genetics versus environment.

Intelligence

The ability to learn from experience, solve problems, and use knowledge to adapt to new situations.