When implementing cash management strategies, a firm should take care to avoid having a large number of inventory stock-outs, to avoid losing the use of its cash by collecting its accounts receivable using high-pressure collection techniques, and to avoid damaging the firm's credit rating by overstretching accounts payable.

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The Answer of When implementing cash management strategies, a firm should take care to avoid having a large number of inventory stock-outs, to avoid losing the use of its cash by collecting its accounts receivable using high-pressure collection techniques, and to avoid damaging the firm's credit rating by overstretching accounts payable.

When Implementing Cash Management Strategies, a Firm Should Take Care