Question Completion Status: QUESTION 23 In regards to cash management It is believed that: It is important to hold cash to meet day to day cash transaction needs. One of the costs of holding cash is the loss of possible investment opportunities. Holding cash is useful in case of unexpected emergencies. All of the above are true. QUESTION 24 Which of the following statements is correct I. Corporations are legal entities that can engage in contracts, sue and acquire properties. II. Corporations have a limited life. OI only Oll only Both I and II ONeither I nor