Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following principles of cash manageme

Which of the following principles of cash management is untrue? Group of answer choices a....

50.1K

Verified Solution

Question

Accounting

Which of the following principles of cash management is untrue?

Group of answer choices

a. It is generally a mistake to delay paying accounts payable if it means discounts on offer are lost.

b. Generally cash surplus to requirements should be used to acquire necessary non-current assets rather than being kept on fixed deposit.

c. There are disadvantages for a business holding very low levels of inventory.

d. The longer the operating cycle the longer it takes to pay accounts payable.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Case: Airport Authority The Airport Authority (AA) has been under considerable pressure from the Regional Government to...

Operations Management
Q

What is the aluminum profile? What is the manufacturing method of aluminum profile? What are the...

Mechanical Engineering
Q

What are some drawbacks and risks to a broad generic business strategy? To a focused strategy?...

General Management
Q

1) Do you think that anyone can be trained to be a salesperson? Why or why...

Accounting
Q

18 A series combination of n capacitors each of value C is charged by a...

Physics
Q

Write the following complex number in rectangular form.14( cos 135+ i sin 135)

Basic Math
Q

3 A For a function f IR R defined by f x x 4 find...

Basic Math
Q

Lawson Consulting, which began operations on December 1, had the following accounts...

Accounting
Q

[The following information applies to the questions displayed below] Carmen Camry operates a consulting firm...

Accounting
Q

Using facts in the chapter for Ganado Europe, assume the exchange rate on January 2,...

Accounting
Q

Comel Bhd is a company that buys and sells computers. On 1 June 2013 it...

Accounting
Q

Suppose that a 20-year government bond has a maturity value of $1000 and a coupon...

Accounting