Efficient Management of Cash Includes Which of the Following Concepts

question 206

Multiple Choice

Efficient management of cash includes which of the following concepts?

• A) Pay each bill as soon as the invoice is received.
• B) Deposit all cash receipts and make all cash disbursements at the end of each week.
• C) Prepare monthly cash budgets (forecasts) up to a year in advance.
• D) Pay suppliers in cash out of cash sales receipts before depositing them in the bank.

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