The Basic Strategies That Should Be Employed by the Business

Multiple Choice

The basic strategies that should be employed by the business firm in managing cash include all of the following EXCEPT

A) collecting accounts receivable as quickly as possible without damaging customer rapport.
B) turning over inventory as quickly as possible, avoiding stockouts.
C) operating in a fashion that requires maximum cash.
D) paying accounts payable as late as possible without damaging the firm's credit rating.