97. Which of the following is not a metric to use for measuring the length of the cash cycle?
a) Acid test days.
b) Accounts receivable days.
c) Accounts payable days.
d) Inventory days.
98. Which of the following is not the responsibility of financial management?
a) allocation of funds to current and capital assets
b) obtaining the best mix of financing alternatives
c) preparation of the firm’s accounting statements
d) development of an appropriate dividend policy
99. Which of the following are not among the daily activities of financial management?
a) sale of shares and bonds
b) credit management
c) inventory control
d) the receipt and disbursement of funds