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 quickly as possible while avoiding stock outs.
C) operating in a fashion that requires maximum cash.
D) collecting accounts receivable as quickly as possible without damaging customer rapport.
E) none of the above