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The Basic Strategies That Should Be Employed by the Business

Question 1

Multiple Choice

The basic strategies that should be employed by the business firm in managing cash include all of the following EXCEPT


A) turning over inventory as quickly as possible, avoiding stockouts.
B) paying accounts payable as late as possible without damaging the firm's credit rating.
C) collecting accounts receivable as quickly as possible without damaging customer rapport.
D) operating in a fashion that requires maximum cash.

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