Following is a list of policles applied by a company select whether each policy is...
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Accounting
Following is a list of policles applied by a company select whether each policy is good or bad cash managetnent, aind cash management strategy followed or violated. 1. Customers are offered discounts to pay early 2. Excess cash is put into short-term investments to carn extra income. 3. All equipment is purchased, even equipment infrequently used. 4. Cash payments and receipts are not planned. Instead, the company assumes it wil have enough sales to not have to worry about cash shortages. 5. Biils are paid on the last day allowed
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