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133. Effective cash management involves applying all of the following cash management principles except: A. Encourage collection of receivables, offer discounts for payments received early.

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133. Effective cash management involves applying all of the following cash management principles except: A. Encourage collection of receivables, offer discounts for payments received early. B. Keep only necessary levels of assets. C. Plan expenditures. D. Retaining excess cash available for unexpected expenditures. E. Delay payment of liabilities until the last possible day

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