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CHAPTER 8-INTERNAL CONTROL AND CASH O Previous Page 18 of 19 Next > When determining the sufficiency of a company's cash to pay its monthly

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CHAPTER 8-INTERNAL CONTROL AND CASH O Previous Page 18 of 19 Next > When determining the sufficiency of a company's cash to pay its monthly expenses, it is better to have a higher ratio of cash to monthly expenses than a lower ratio. O a. This statement is false. O b. This statement is true only for companies in the first five years of business O c. This statement is true only for manufacturing companies after their first five years of business. O d. This statement is true

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