An Enterprise's Ability to Take Effective Actions to Alter the Amounts

question 55

Multiple Choice

An enterprise's ability to take effective actions to alter the amounts and timing of cash flows so it can respond to unexpected needs and opportunities is called

• A) financial flexibility.
• B) liquidity.
• C) the quick ratio.
• D) solvency.

---

Definitions:

Escherichia Coli

A type of bacteria commonly found in the intestines of humans and animals, some strains of which can cause food poisoning.

Undercooked Ground Beef

A term referring to ground beef that has not been cooked to the recommended internal temperature to ensure safety, potentially leading to food-borne illnesses.

Gastric Tube Feeding

A method of delivering nutrition directly into the stomach through a tube, often used for individuals who cannot eat by mouth.

Safety Pin

A pin, made of metal or plastic, that is designed with a simple spring mechanism and a clasp to protect the user from being poked by the sharp point.