PLEASE HELP ASAP Determine whether each policy below is good...
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Accounting
PLEASE HELP ASAP 
Determine whether each policy below is good or bad cash management, then identify the cash management strategy violated or: followed for each policy. 1. Alt equipment is purchased, even if it is infrequentlycused: 2. Cash payments and receipts are not planned. Instead, the company assumes it wil have enough sales to not have to worry about cash shortages. 3. Buls are paid on the last dity allowed. 4. The company regularly follows up with customers who pay late. 5. Excess cash is used to acquire productive assets or short-term investments
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