The Practices of Delaying Payments to Suppliers, Speeding Up Collection

question 14

Short Answer

The practices of delaying payments to suppliers, speeding up collection from customers, and earning the greatest possible return on any excess cash are known as ____________________ principles.

---

Definitions:

Overprotective

Characterized by excessive measures taken to guard against potential risks or harm, often in the context of parenting, leading to restrictions that can inhibit independence and growth.

Low Self-Esteem

A feeling of unworthiness and a lack of confidence in one's own abilities or worth.

Respiratory Distress Syndrome

A medical condition, primarily in premature infants, characterized by difficulty breathing due to underdeveloped lungs.

Professionally Employed

The status of being employed in a job that requires specialized knowledge and often higher education.