CHAPTER_21_SUPPLY_CHAINS_AND_WORKING_CAPITAL_MANAGEMENT

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1、CHAPTER21—SUPPLYCHAINSANDWORKINGCAPITALMANAGEMENT1. Networkingcapital,definedascurrentassetsminusthesumofpayablesandaccruals,isequaltothecurrentratiominusthequickratio. a. True b. FalseANSWER:  FalsePOINTS:  1DIFFICULTY:  Difficulty:EasyLEARNING OBJECTIVES:  INTE.GENE.16.130-LO:21-1NATIONAL

2、 STANDARDS:  UnitedStates-BUSPROG:ReflectiveThinkingSTATE STANDARDS:  UnitedStates-AK-DISC:WorkingcapitalmanagementLOCAL STANDARDS:  UnitedStates-OH-DefaultCity-TBATOPICS:  NetworkingcapitalKEYWORDS:  Bloom’s:Knowledge2. Networkingcapitalisdefinedascurrentassetsdividedbycurrentliabilities. 

3、a. True b. FalseANSWER:  FalsePOINTS:  1DIFFICULTY:  Difficulty:EasyLEARNING OBJECTIVES:  INTE.GENE.16.130-LO:21-1NATIONAL STANDARDS:  UnitedStates-BUSPROG:ReflectiveThinkingSTATE STANDARDS:  UnitedStates-AK-DISC:WorkingcapitalmanagementLOCAL STANDARDS:  UnitedStates-OH-DefaultCity-TBATOPIC

4、S:  NetworkingcapitalKEYWORDS:  Bloom’s:Knowledge3. Netoperatingworkingcapitalisdefinedasoperatingcurrentassetsminusoperatingcurrentliabilities.. a. True b. FalseANSWER:  TruePOINTS:  1DIFFICULTY:  Difficulty:EasyLEARNING OBJECTIVES:  INTE.GENE.16.130-LO:21-1NATIONAL STANDARDS:  UnitedState

5、s-BUSPROG:ReflectiveThinkingSTATE STANDARDS:  UnitedStates-AK-DISC:WorkingcapitalmanagementLOCAL STANDARDS:  UnitedStates-OH-DefaultCity-TBATOPICS:  NetoperatingworkingcapitalKEYWORDS:  Bloom’s:Knowledge4. Determiningafirm'soptimalinvestmentinworkingcapitalanddecidinghowthatinvestmentshould

6、befinancedarecriticaltoworkingcapitalmanagement. a. True b. FalseCengageLearningTesting,PoweredbyCogneroPage 64CHAPTER21—SUPPLYCHAINSANDWORKINGCAPITALMANAGEMENTANSWER:  TruePOINTS:  1DIFFICULTY:  Difficulty:EasyLEARNING OBJECTIVES:  INTE.GENE.16.131-LO:21-2NATIONAL STANDARDS:  UnitedStates-

7、BUSPROG:ReflectiveThinkingSTATE STANDARDS:  UnitedStates-AK-DISC:WorkingcapitalmanagementLOCAL STANDARDS:  UnitedStates-OH-DefaultCity-TBATOPICS:  WorkingcapitalmanagementKEYWORDS:  Bloom’s:Knowledge5. Anincreaseinanycurrentassetmustbeaccompaniedbyanequa