Ajewelry store promises to deliver custom-made wedding rings to a buyer within 2 weeks. however, it charges ten percent of the sales price in advance. in this example, which of the following techniques is the store using to increase cash inflows? a.it is offering discounts to customers for prompt payment. b. it is taking deposits and progress payments. c. it is factoring all receivables d. it is taking on noncore paying projects

The correct answer is letter "B": It is taking deposits and progress payments.

Explanation:

Advance deposits and progress payments are the amount of money taken by an organization as part of the total amount charged for a good or service that is going to be provided. It is a form of endorsement that proves the buyer has a real intention in acquiring the good or service but also helps the organization to have immediate cash flow to pay for expenses such as the raw material that will be used for production (in the case of a good).

I would just like to point out that this is not my personal answer. This same question was asked on a different page. I do not take credit for this

Both personal and government budgeting involve an ongoing process of balancing multiple needs and wants. Both have two types of spending to consider: a personal budget’s fixed expenses correspond to the government’s mandatory spending; the flexible spending in a personal budget corresponds to the government’s discretionary spending. In both types of budgets, overspending can mean taking on debt. An important way that personal budget and government budgets differ is that personal budgets are meant to meet the needs of those in a particular individual or household and rarely involve the income of others. In the case of government budgets, Congress is making decisions about millions of taxpayers’ money and must work to make a budget that takes care of both individual citizens and the national interest.