One way a firm can reduce the amount of cash it needs in any one month is to None of the above clone of prior item.
A)slow down the payment of receivables
B)speed up the payment of payables
C)speed up the payment of taxes
D)speed up the payment of wages
E)none of the above

Question

Quizplus · Accepted Answer

None of the options A, B, C, or D would reduce the amount of cash needed in a month. Slowing down the payment of receivables would actually increase cash flow, while speeding up payments (B, C, D) would increase cash outflow.

One Way a Firm Can Reduce the Amount of Cash