Other
FIN3702 Assesment 1 Semester 1 2023
- Institution
- University Of South Africa (Unisa)
FIN3702 Assesment 1 Semester 1 2023
[Show more]
Content preview
, Question 1Which one of the following is incorrect according to the statement below?
The operating cash required by a firm can be minimised by …
1.
keeping lower inventory levels.
2.
shortening the production cycle.
3.
paying accounts payable as soon as possible.
4.
collecting account receivable as quickly as possible.
Question 2
The efficient management of cash involves ...
a. taking advantage of cash discounts.
b. maximizing the cash turnover.
c. increasing the inventory levels.
d. using any technique to collect accounts receivable.
e. delaying cash payments without affecting creditworthiness.
1.
a, b, c.
2.
b, c, d.
3.
c, d, e.
4.
a, d, e.
5 a, b, e.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Monnas123. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
49051 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 15 years now