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) paying accounts payable as late as possible without damaging the firm's credit rating.
B) turning over inventory as slowly as possible while avoiding stock outs.
C) collecting accounts receivable as quickly as possible without damaging customer relationships.
D) tightening credit policies for customers