Identify each of the following decisions as most directly related to

(a) cash flow management,

(b) choice of inventory system,

(c) foreign merchandising transactions, or

(d) internal controls:

1. Determination of how to protect cash from theft or embezzlement 2. Determination of the effects of changes in exchange rates 3. Determination of policies governing sales of merchandise on credit 4. Determination of whether to use the periodic or the perpetual inventory system Operating Cycle