Question: From among the statements below select the one that most accurately describes how cash management helps to make money available for growth of a venture.(Choose
From among the statements below select the one that most accurately describes how cash management helps to make money available for growth of a venture.(Choose one.)
| Cash management should be strictly limited to finding ways to perform corporate functions more efficiently. | ||
| b. | Cash management is best practiced by hiring employees, both non-technical and technical, who are willing to work for more modest salaries. | |
| c. | Cash management involves contributions of cash from professional employees, managers and co-founders in exchange for shares of stock in the firm. | |
| d. | Cash management involves looking for all sources from which one-time or recurring savings can be experienced, including improved efficiency of operations, more aggressive pursuit of receivables, and delayed payments to creditors. |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
