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.
Correct Answer:
Verified
Q50: Which of the following is not necessarily
Q51: A company wishes to reduce the amount
Q52: A firm has daily credit sales of
Q53: Which of the following is the most
Q54: Improving cash flow in relation to debtors
Q56: Which of these is not a way
Q57: Extending the credit period granted, with all
Q58: An increase in the effort put into
Q59: Calculate the operating cash cycle in days
Q60: The motive behind the holding of cash
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