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Select one: A. It is used in the cash allocation process by line managers. B. It is used by middle management to assess future resource
Select one: A. It is used in the cash allocation process by line managers. B. It is used by middle management to assess future resource needs. IncorrectIncorrect. It is used to determine an organizations ability to generate positive cash flows, its ability to meet financial obligations, and its need for additional financing. It is also used to determine the reasons for any differences between net income and associated cash receipts and disbursements. C. It is used by insurance producers to balance daily bank deposits. D. It is used to assess the ability to meet financial obligations
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