Which of the following strategies is used by a business to decrease cash outflows?

Question

Quizplus · Accepted Answer

Avoiding the wastage of resources can help a business decrease cash outflows as it reduces unnecessary expenses and ensures that resources are being used efficiently. Refusing trade discounts offered by suppliers would increase cash outflows, while taking on noncore paying projects and trading goods and services using only money may not have a significant impact on cash outflows.

Which of the Following Strategies Is Used by a Business