Question
Which one of the following questions involves a working capital management decision?
Multiple Choice
What is the maximum level of cash to be kept in the firm’s bank account?
What is the most efficient process for producing a product?
How many hours of overtime should manufacturing employees be allowed to work?
When is the appropriate time to replace the delivery fleet?
Should a newly available parcel of land be acquired?
Multiple Choice
What is the maximum level of cash to be kept in the firm’s bank account?
What is the most efficient process for producing a product?
How many hours of overtime should manufacturing employees be allowed to work?
When is the appropriate time to replace the delivery fleet?
Should a newly available parcel of land be acquired?
Answers
GPT-4o mini
The question that involves a working capital management decision is:
**What is the maximum level of cash to be kept in the firm’s bank account?**
Working capital management deals with the management of a company's short-term assets and liabilities, including cash management, inventory management, and accounts receivable/payable. This question specifically pertains to managing cash resources effectively.
**What is the maximum level of cash to be kept in the firm’s bank account?**
Working capital management deals with the management of a company's short-term assets and liabilities, including cash management, inventory management, and accounts receivable/payable. This question specifically pertains to managing cash resources effectively.