, Question 1
Which one of the following is incorrect according to the statement below?
The operating cash required by a firm can be minimised by …
1.
keeping lower inventory levels.
2.
shortening the production cycle.
3.
paying accounts payable as soon as possible.
4.
collecting account receivable as quickly as possible.
Question 2
The efficient management of cash involves ...
a. taking advantage of cash discounts.
b. maximizing the cash turnover.
c. increasing the inventory levels.
d. using any technique to collect accounts receivable.
e. delaying cash payments without affecting creditworthiness.
1.
a, b, c.
2.
b, c, d.
3.
c, d, e.
4.
a, d, e.
5 a, b, e.
Which one of the following is incorrect according to the statement below?
The operating cash required by a firm can be minimised by …
1.
keeping lower inventory levels.
2.
shortening the production cycle.
3.
paying accounts payable as soon as possible.
4.
collecting account receivable as quickly as possible.
Question 2
The efficient management of cash involves ...
a. taking advantage of cash discounts.
b. maximizing the cash turnover.
c. increasing the inventory levels.
d. using any technique to collect accounts receivable.
e. delaying cash payments without affecting creditworthiness.
1.
a, b, c.
2.
b, c, d.
3.
c, d, e.
4.
a, d, e.
5 a, b, e.
