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Collier Company Has Implemented a Just-In-Time System, Which Relies on Suppliers

Question 81

Multiple Choice

Collier Company has implemented a just-in-time system, which relies on suppliers to deliver goods for resale as needed.This implementation is most consistent with which of the following basic principles of cash management?


A) Increasing the speed of receivables collection.
B) Planning the timing of major expenditures.
C) Keeping inventory levels low.
D) Delaying the payment of liabilities.

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