Which of the Following Is True

question 4

Multiple Choice

Which of the following is true?

• A)A firm without sufficient cash will not survive.
• B)A firm operating profitably will always survive.
• C)Examining the cash receipts and disbursements during each month can identify the reasons for any deterioration of the cash balance.
• D)a and c
• E)all of the above

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Definitions:

Customers

Individuals or organizations that purchase goods or services for personal use or to fulfill their own business needs.

Suppliers

Businesses or individuals that provide goods or services to another company under a contract or agreement.

Nontraditional Firms

Companies that operate in non-conventional ways, often challenging established norms and practices in their industry.

Universities

Institutions of higher education and research, which grant academic degrees in various subjects.