As described in the Opening Profile to Chapter 9, early in his business career, Ted Rogers used which of the following methods of cash flow management when dealing with creditors?
A) first in, first paid
B) loudest complaint, first paid
C) the "invoice hat" random selection process
D) aging of payables
E) None of the answers apply.

Question

Quizplus · Accepted Answer

Ted Rogers used the "invoice hat" random selection process as a method of cash flow management when dealing with creditors.

As Described in the Opening Profile to Chapter 9, Early