If a Controller Is Responsible for Liquidity Management, Which of the Following

question 64

Multiple Choice

If a controller is responsible for liquidity management, which of the following accounts are they NOT interested in?

• A)Long-term Debt
• B)Cash
• C)Accounts Payable
• D)Inventory

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Definitions:

Desire

A strong feeling of wanting to have something or wishing for something to happen.

Generalization

The process or method of formulating general concepts by abstracting common properties of specific instances.

Specific Conclusion

A definite and detailed end statement in an argument or presentation, drawn from the information and analysis provided beforehand.

Deduction

The process of reasoning from general principles to specific conclusions, or the elimination of possible causes until only one remains.