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All of the following statements about cash and cash equivalents are true EXCEPT: Multiple Choice O One of the goals of cash management is to

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All of the following statements about cash and cash equivalents are true EXCEPT: Multiple Choice O One of the goals of cash management is to plan cash receipts to meet cash payments when they are due. O Cash receipts should be promptly deposited in the bank O Cash is considered a liquid asset. O Cash equivalents are reported in the Current Liabilities section of a classified balance sheet. Cash includes currency

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