32. what is NOT a reason to maintain cash at an appropriate level? a. to speed up inventory turnover b. to take advantage of opportunities c. to be prepared in case emergency funds are needed

34. What is included as a holding cost in the EOQ formula? a. accounting costs b. receiving costs c. finance costs

55. how can additional cash be obtained? a. by stretching trade payables b. by paying suppliers on a cash basis c. by paying expenses

56. A company wants to make a $10,000 profit by selling 500 units. By how much should the selling price per unit be increased? SP per unit $300 VC per unit $100 Total Fc $100,000 $50 $20 $33

57. Who usually has responsibility for cash management? a. internal auditors b. treasurer c. vice president of operations

58. what costs fluctuate directly with changes in volume of production? a. period cost b. out of pocket cost c. sunk costs

59. which of the following is an inventory management tool? a. aging of inventory b. just-in-time c. trades management