Paragraph Styles I* Assignment 2 (individual) 50 marks(due 4 June) MCQ 10 marks] (Bold or colour in your choice) 1)Which one of the following concerning a conservative financing strategy is correct? a. Short-term funds are used to a great extent b. Only non-spontaneous debt financing is used c. Long-term funds are only used to finance long-term needs. d. It is a relatively expensive strategy 2) A firm can manage its cash conversion cycle by a accelerating the collection of accounts receivable) b. stretching accounts payable c. efficient inventory and production management d. all of the above 3)Credit is granted to customers in order to a ensure their loyalty b. increase the sales of the firm C. add value to the firm d. all of the above 4)If the firm's cash discount period is decreased or cancelled the sales volume can be expected to the bad debt expenses can be expected to -, and the profit per unit can be expected to - a increase, decrease, decrease b. increase increase, decrease RED hip