Efficient Management of Cash Includes Which of the Following Concepts

question 206

Multiple Choice

Efficient management of cash includes which of the following concepts?

• A) Pay each bill as soon as the invoice is received.
• B) Deposit all cash receipts and make all cash disbursements at the end of each week.
• C) Prepare monthly cash budgets (forecasts) up to a year in advance.
• D) Pay suppliers in cash out of cash sales receipts before depositing them in the bank.

---

Definitions:

Economic Impact

The effect of an event, policy, or business activity on the economy of a specific area, ranging from local to global.

Per-apple Tax

A unit tax applied specifically to the sale of apples, affecting their market price per unit.

Imported Apples

Apples that are brought into one country from another to be sold in the domestic market.

United States

A country located in North America, comprising 50 states, a federal district, and several territories, known for its diverse geography and multicultural population.