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CHAPTER 7-INTERNAL CONTROL AND CASH Previous Page 7 of 8 Next? Which of the following statements is true of days' cash on hand? O a.
CHAPTER 7-INTERNAL CONTROL AND CASH Previous Page 7 of 8 Next? Which of the following statements is true of days' cash on hand? O a. It is a popular measure used by nonprofits to reveal how long the nonprofit could survive if contributions dropped significantly. Ob. It is used by start-up companies to measure how long cash is available to support operations until revenues begin to be earned. Oc. It can be used to estimate how long a business could survive a catastrophic event. d. All of these choices are corect
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