In the Context of Managing Cash in an Organization,which of the Following

question 64

Multiple Choice

In the context of managing cash in an organization,which of the following is true?

• A)Business organizations make money from idle cash.
• B)Corporate checking accounts typically earn interest.
• C)Money managers try to keep as much cash in their hands as possible.
• D)To manage a firm's cash,companies try to speed up cash collections from customers.
• E)Managers measure cash flow as the amount of cash the firm spends in a period of one year.