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.

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Definitions:

Grade Point Averages

The numerical representation of a student's overall academic performance, calculated as an average of their course grades.

Tutor Program

A structured system or course designed to provide students with personal academic assistance and guidance.

Carleton University

A public research university located in Ottawa, Ontario, Canada, known for its programs in engineering, business, and arts.

Standard Deviation

A measure of the dispersion or variability within a set of values, indicating how much individual values differ from the mean.