Determine whether each policy below is good or bad cash management; then Identlfy the cash management strategy violated or followed for each policy.

Cash recelpts and cash payments are regularly planned and reviewed.

Bills are pald as soon as they are recelved.

Customers are offered discounts to pay early.

Excess cash is put into short$-$term Investments to earn extra Income.

All equipment is purchased, even if it is infrequently used.

$\backslash$table$[[,$Good or Bad,Cash Management Strategy$],[1.,1,8],[2.,,],[3$:$,,6],[4.,,-],[5.,,3]]$