One highly effective cash management strategy is to schedule inventory deliveries as early as possible to speed your payment of accounts payable.

Question

Quizplus · Accepted Answer

Scheduling inventory deliveries as early as possible may help with inventory management, but it does not necessarily speed up payment of accounts payable. Different payment terms and processing times can affect when payments are due and when they are actually paid. Other strategies, such as negotiating payment terms and actively managing cash flow, may be more effective for managing accounts payable.

One Highly Effective Cash Management Strategy Is to Schedule Inventory