Author Question: When an Accounts Payable department improves their information system resulting in faster payments ... (Read 56 times)

gonzo233 · **on:** Jul 7, 2018

When an Accounts Payable department improves their information system resulting in faster payments to vendors, without the Accounts Receivable Department doing the same, leading to a cash flow crunch, what can we say happened in decision-theoretic

terms?
A) optimization
B) profit minimization
C) suboptimization
D) cash flow problems

Question 2

Which of the following is not one of the top factors a business should consider when planning an Internet auction?

A) type of product
B) type of auction
C) location of auction
D) bid increments