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.

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Definitions:

Poverty

Poverty is the state of having insufficient financial resources or material possessions, often leading to a lack of basic needs such as food, safe housing, and healthcare.

Geographic Location

Geographic location refers to a specific physical place defined by its latitude and longitude, often considered in terms of its environmental, cultural, or geopolitical characteristics.

Child's Age

the number of years since a child's birth, a key factor in determining developmental stages and educational placement.

Mandatory Reporter

An individual required by law to report any suspected cases of child abuse or neglect.