Which of the Following Statements Is false

question 51

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.

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Definitions:

Organization

The act of structuring or arranging parts or elements of something systematically for efficiency or clarity.

Interest

A charge for borrowed money, generally a percentage of the amount borrowed or the enthusiasm for or attention dedicated to a particular subject or activity.

Energy Level

The degree of vitality or physical and mental stamina an individual has available for activities.

Concentration

The action or power of focusing one's attention or mental effort on a specific object or activity.