Of the following activities, which is MOST likely to be an interaction between the financial manager and the manufacturing manager?

A) Setting of credit policies
B) Developing a system to bill customers, pay suppliers, and track inventory
C) Budgeting the timing and amount of cash needed for the production schedule
D) Determining that there are a sufficient number of trained workers to develop the product

Answer: C

Business

You might also like to view...

Which of the following is typically a feature of preferred stocks?

A) They are settled prior to common stocks during liquidation. B) They are mostly noncumulative in nature. C) They are paid dividends that grow at a constant rate. D) They carry voting rights and have maturity date.

Business

Why is the debt limit ratio and 28/36 rule more important to conservative lenders like Banks and Credit Unions and not so important for lenders like small Finance companies and Payday lenders?

What will be an ideal response?

Business