Effective Cash Management Involves Applying All of the Following Cash

question 152

Multiple Choice

Effective cash management involves applying all of the following cash management principles except:

• A) Encourage collection of receivables, offer discounts for payments received early.
• B) Keep only necessary levels of assets.
• C) Plan expenditures.
• D) Leave excess cash available for unexpected expenditures.
• E) Delay payment of liabilities until the last possible day.

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