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  3. Study Set
    Principles of Managerial Finance
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    Exam 4: Cash Flow and Financial Planning
  5. Question
    Cash Planning Involves the Preparation of the Firm's Cash Budget
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Cash Planning Involves the Preparation of the Firm's Cash Budget

Question 45

Question 45

True/False

Cash planning involves the preparation of the firm's cash budget. Without adequate cash regardless of the level of profits any firm could fail.

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