Which of the Following Is an Effective Cash Management Practice

Multiple Choice

Which of the following is an effective cash management practice?

A) Short-term investments are sold with excess cash to maximize interest-earning potential.
B) Receipts are delayed as long as possible to maximize interest-earning potential.
C) Payments are expedited to simplify record keeping.
D) Receivables are retained to minimize the costs associated with accounting for customer accounts and servicing delinquent accounts.