A basic premise in finance is to collect cash as soon as possible and delay payments as long as possible.

Question $1$ options:

True

False

Question $2(1$ point$)$

Holding significant cash balances is an important tool in corporate financial management.

Question $2$ options:

True

False

Question $3(1$ point$)$

Working capital can be defined as current assets less current liabilities.

Question $3$ options:

True

False

Question $4(1$ point$)$

A cycle of cash inflows and outflows is known as the operating cycle.

Question $4$ options:

True

False

Question $5(1$ point$)$

The time it takes for a company to buy raw materials, convert them into saleable products, and then sell those products is the inventory conversion period.

Question $5$ options:

True

False