Which of the Following Activities Is Least Important Relative to Managing

question 3

Multiple Choice

Which of the following activities is least important relative to managing a company's liquidity?

• A)developing an information system to track cash flows in all currencies
• B)identifying transactions for which leading or lagging strategies could be implemented
• C)anticipating which of the foreign currencies in which a company does business will appreciate or depreciate
• D)managing translation exposure

---

Definitions:

Feared Stimuli

External objects or situations that provoke a strong fear response due to anxiety, phobias, or traumatic experiences.

In Vivo Exposure

A behavioral therapy technique that involves exposing the patient to the actual anxiety-producing stimuli, rather than imagining the scenario, to help overcome fears or undesirable behaviors.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, emphasizing the idea that behaviors followed by positive outcomes are more likely to recur.

Intermittently Reinforced

A conditioning schedule where responses are sometimes rewarded, strengthening behavior unpredictably.