A Phrase or Sentence That Succinctly Expresses a Key Corporate

question 25

True/False

A phrase or sentence that succinctly expresses a key corporate value is called a story.

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Definitions:

Cash Management

The process of collecting, managing, and investing a company's cash in a way that optimizes its liquidity and profitability.

Lock-box System

A collection and processing service provided by banks to speed up the receipt and deposit of checks from customers.

Disbursement Float

The time delay between when a check is issued and when it is deducted from the payer's bank account.

Issuance

The process of offering new or existing securities for sale to investors by a corporation or government entity.