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QUESTION 17 Companies must forecast cash inflows and outflows each month based on historical projections of sales, collections of accounts receivable, payments made to suppliers/creditors,

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QUESTION 17 Companies must forecast cash inflows and outflows each month based on historical projections of sales, collections of accounts receivable, payments made to suppliers/creditors, supplies needed, demand forecasts, etc. O True False QUESTION 18 Transaction motive is the amount of cash held by individuals or corporations to face effectively with unexpected events. O True O False AUCTION 10

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