Business, 21.04.2020 20:23, gabrielaelisa224

Determine whether each policy below is good or bad cash management; then identify the cash management strategy violated or followed for each policy.
a. The company regularly follows up with customers who pay late.
b. Excess cash is put into short-term investments to earn extra income.
c. Cash receipts and cash payments are regularly planned and reviewed.
d. Rarely used equipment is rented rather than purchased.
e. Bills are paid as soon as they are received.

Answers: 3

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Determine whether each policy below is good or bad cash management; then identify the cash managemen...