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    Understanding Business Study Set 1
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    Exam 18: Financial Management
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    As a Financial Manager of a Small Firm, Jerry Needs
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As a Financial Manager of a Small Firm, Jerry Needs

Question 120

Question 120

True/False

As a financial manager of a small firm, Jerry needs to determine how much his company will have to borrow in the coming months, and when the borrowed funds will be needed. The preparation of the cash budget will help.

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