By planning cash needs ahead of time,an entrepreneur is able to:
A) reduce the amount of cash flowing out of the company.
B) develop a sound borrowing and repayment plan.
C) Both A and B
D) increase borrowing costs by borrowing only when necessary.
Correct Answer:
Verified
Q40: An arrangement in which customers mail their
Q41: _ is not one of the three
Q42: Cash management involves:
A)forecasting.
B)collecting.
C)disbursing and investing.
D)All of the
Q43: Some businesses use _,in which a company
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Q47: Lockbox refers to:
A)customers send payments to a
Q48: Entrepreneurs can trim costs by:
A)avoiding nonessential outlay.
B)looking
Q49: The statement,"collection of accounts receivable lags behind
Q50: Marking down inventory items that don't sell
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