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A sensible cash management policy would be to: A. have enough cash on hand to meet ordinary course of business and some excess cash to
A sensible cash management policy would be to: A. have enough cash on hand to meet ordinary course of business and some excess cash to invest in marketable securities as a precautionary measure. B. have nearly enough cash on hand to meet ordinary course of business. C. have enough cash on hand to meet any potential demand for cash. D. have a zero cash balance and charge all expenditures. E. None of these.
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