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  3. Study Set
    Intermediate Financial Management Study Set 2
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    Exam 21: Working Capital Management
  5. Question
    Cash Is Often Referred to as a "Non-Earning" Asset
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Cash Is Often Referred to as a "Non-Earning" Asset

Question 117

Question 117

True/False

Cash is often referred to as a "non-earning" asset. Thus, one goal of cash management is to minimize the amount of cash necessary to conduct business.

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