If a firm takes actions that reduce its days sales outstanding (DSO), then, other things held constant, this will lengthen its cash conversion cycle (CCC) and cause a deterioration in its cash position.

Answer the following statement true (T) or false (F)


False

Business

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Identify the step of the ethical decision-making process that involves predicting the likely, foreseeable, and the possible consequences to all the relevant stakeholders.

A. Monitoring and learning from the outcomes B. Comparing and weighing the alternatives C. Making the decision D. Identifying the ethical issues

Business

Accumulated Depreciation is a temporary account that is closed each year.

Answer the following statement true (T) or false (F)

Business

Answer the following statement(s) true (T) or false (F)

1. Technical skills are those skills involved in making a product or providing a service. 2. Conceptual skills involve relating and interacting with subordinates and are especially important at the executive level of management. 3. Henry Mintzberg classified management skills as technical, human relations, and conceptual. 4. Decision-making/problem-solving skills are important primarily for the manager in a large organization. 5. The majority of the time spent as a manager is spent communicating with others.

Business

The management of a fertilizer company decides to increase the company's cash flow by increasing its financing activities. In this context, the company is most likely to:

A. sell the goods and services that it produces. B. sell its fixed assets and financial assets bought as long-term investments. C. form partnerships and mergers with companies operating in the same industry. D. take short-term and long-term loans.

Business