Which Statement Is Not True

question 35

Multiple Choice

Which statement is not true?

• A)A firm should always have a surplus holding of cash.
• B)If a firm has a cash deficit, it may need to reschedule its cash payments.
• C)If a firm has a cash deficit, it may need to arrange to borrow money.
• D)If a firm has a cash surplus, it should make the best use of the surplus.

---

Definitions:

Efficiently

The ability to achieve a desired outcome with minimal wasted effort or expense.

External Benefit

A positive effect or advantage experienced by someone who is not directly involved in producing or consuming a good or service.

Elderly Woman

A female individual of advanced age, often considered to be in the later stages of her lifespan.

Flower Garden

A designed space used specifically for the cultivation and display of flowers and other ornamental plants.