Multiple Choice
Which statement is not true?
A) A firm should always have a surplus holding of cash.
B) If a firm has a cash surplus, it should make the best use of the surplus.
C) If a firm has a cash deficit, it may need to reschedule its cash payments.
D) If a firm has a cash deficit, it may need to arrange to borrow money.
Correct Answer:
Verified
Correct Answer:
Verified
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