All of the following are considered effective cash management principles except:
A. Keeping only necessary assets.
B. Delaying payment of liabilities until the last possible day.
C. Planning expenditures.
D. Retaining excess cash for unexpected expenditures.
E. Encouraging collection of receivables by offering discounts for early payments.
Answer: D
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The United Nations designates 50 countries in the bottom ranks of the low-income category named as:
A) Low-income countries. B) Lower-middle-income countries. C) BRIC countries. D) Developing countries. E) LDCs (least-developed countries).
When transportation costs are included in a trade model
a. an exporting country's gains from trade decrease. b. an exporting country's gains from trade increase. c. an exporting country's volume of trade increases. d. an exporting country's terms of trade can improve.
Which of the following statements is true?
A) American managers are more likely than Japanese managers to drop a marketing plan when it meets resistance. B) The concept of continuous improvement is implicit in American marketing plan implementation, unlike Japanese marketing plan implementation. C) The term adaptive persistence has been used to describe the success of many Japanese marketing plans. D) One of Japanese management's greatest assets is the ability to abandon a marketing plan quickly when it is not working. E) Japanese managers are not as determined as American managers to make their marketing plans work.
When your audience will be receptive or open minded to the data in your report, which approach is most effective?
A) Persuasive B) Direct C) Analytical D) Indirect E) Proposals