Question

to manage cash efficiently, a company should try to collect payment for delivered products or services ________. within 60 days in a way that maximizes float time as quickly as possible infrequently

Explanation:

To manage cash efficiently, a company needs to have cash available for operations. Collecting payments as quickly as possible improves cash flow. Waiting 60 days (option 1) or maximizing float time (which is more about delaying payments, option 2) or infrequently (option 4) would not help cash efficiency. So the correct approach is to collect as quickly as possible.

Answer:

C. as quickly as possible (assuming the third option is labeled C; if the third option's identifier is, say, the third circle, then "The third option (as quickly as possible)")