Which of the following statements is CORRECT regarding short-term financial investments used to temporarily invest excess cash-flows in? They must generally be very illiquid All the other answers are correct They must have high risk and long maturity Treasury bills are a short-term financial investment typically used for excess cash management Which of the following increases with the strictness of accounts receivable policy? Forgone sales Costs of maintaining a credit department Losses from nonpayment Needs of funds