Posted by: Pdfprep
Post Date: March 8, 2021
A company’s cash budgetary plans show that there will be surplus cash for three months of the forthcoming year.
Which THREE of the following would be appropriate management actions in this situation?
A . Offer a longer credit period to new customers to boost sales
B . Purchase new non-current assets to increase efficiency
C . Reduce the finished goods inventory to save storage costs
D . Pay suppliers early to obtain prompt payment discounts
E . Repay a long-term loan to reduce interest costs
F . Invest in a short-term deposit account
Answer: A,D,F
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