All of the following actions can help a business manage its cash flows except
A) convince its creditors to allow payment over a period of time.
B) pay for all expenditures immediately.
C) be efficient in making collections from its customers.
D) arrange for a line of credit at the bank,should the funds be needed.

Question

Quizplus · Accepted Answer

Paying for all expenditures immediately may not be feasible for a business and can result in cash flow issues. The other options listed can help a business manage its cash flows more effectively.

All of the Following Actions Can Help a Business Manage