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determine whether each policy below is good or bad cash management then identify the cash management strategy violated or followed for each policy cash payments
determine whether each policy below is good or bad cash management then identify the cash management strategy violated or followed for each policy cash payments and receipts are not planned instead the company assumes it will have enough sales to not have to worry about cash shortages excess cash is used to acquire productive assets or shortterm investments all buildings are purchased even those the company only plans to occupy for a few months the company negotiates credit terms with suppliers to delay payment of liabilities as long as possible customers are regularly allowed to pay after due dates without concern
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