Multiple Choice
Which of the following is a principle of good cash management?
A) Investing surplus cash.
B) Keeping inventory at a level where no item required by a customer is ever out of stock.
C) Paying creditors before the due date.
D) Offering large cash discounts to debtors to pay within 30 days.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Sugar Industries makes all sales on credit
Q2: How many of the following are
Q3: The cash short and over ledger account,
Q4: Which of the following is not necessarily
Q5: The preparation of a cash budget ensures
Q7: Which of the following statements concerning internal
Q8: The procedures adopted by a business to
Q9: When preparing a bank reconciliation what would
Q10: Which of the following is not a
Q11: Bowen Ltd received its monthly bank statement