Which of the Following Statements Is NOT True

Which of the following statements is NOT true?

A) If cash balances become too small, it may lead the firm to bankruptcy.
B) The lower the cash balance, the better the ability of a firm to meet its short-term financial obligations.
C) The level of the cash balance has no bearing on a firm's ability to meet its short-term financial obligations.
D) The downside of holding too much cash is that the returns on cash are low.