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