Multiple Choice
Which of the following statements is false?
A) A basic principle of cash management is to increase the speed of paying liabilities.
B) A company should plan the timing of major expenditures in light of its operating cycle.
C) A cash budget will help determine if additional financing will be necessary.
D) A key principle of cash management is to increase the speed of collection on receivables.
Correct Answer:
Verified
Correct Answer:
Verified
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