All of the Following Are True Regarding the Management and Monitoring

Multiple Choice

All of the following are true regarding the management and monitoring of cash except

A) companies may have plenty of sales, but insufficient cash to support operations.
B) the cash to cash operating cycle for a manufacturer is generally shorter than that of a merchandising company.
C) manufacturers may experience a significant lag between the purchase of raw materials and the receipt of cash from customers.
D) companies should have sufficient cash to meet payments but minimize the amount of non-revenue-generating cash on hand.