Which of the Following Statements Is FALSE

question 17

Multiple Choice

Which of the following statements is FALSE?

• A)A firm's cash cycle is the length of time between when the firm pays cash to purchase its initial inventory and when it receives cash from the sale of the output produced from that inventory.
• B)The longer a firm's cash cycle,the more working capital it has,and the more cash it needs to carry to conduct its daily operations.
• C)Most firms buy their inventory on credit,which increases the amount of time between the cash investment and the receipt of cash from that investment.
• D)Any reduction in working capital requirements generates a positive free cash flow that the firm can distribute immediately to shareholders.

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Definitions:

Corpus Callosum

A band of nerve fibers in the brain that connects the left and right hemispheres, facilitating communication between them.

Autonomous Morality

The stage in moral development when individuals recognize that moral rules are created by people and judge actions based on intentions rather than just consequences.

Heteronomous Morality

The stage in moral development where individuals base their moral judgments on the dictates and rules of authority figures.

Preconventional Moral Reasoning

The first level of Kohlberg's stages of moral development, where an individual's moral reasoning is based on external consequences rather than internalized standards.