Which of the Following Is Known as a Substitute for Cash

question 45

Multiple Choice

Which of the following is known as a substitute for cash?

• A) A negotiable instrument
• B) A nonnegotiable instrument
• C) A payable document
• D) A nonpayable document
• E) An endorsed payable document

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Definitions:

Demand Uncertainty

The difficulty in accurately predicting customer demand, affecting inventory management, production planning, and capacity utilization.

Forecast Error

The difference between the forecasted value and the actual value that occurs, indicating the accuracy of forecasts.

Strategic Fit

The alignment of organizational strategies, resources, and capabilities with the external environment to achieve competitive advantage.

Responsiveness Spectrum

A range indicating the degree to which a system or process can adjust quickly to changes or demand without compromising quality or performance.