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Which of these is not a broad principle of cash management that helps ensure that a business remains solvent? Select one: a. Invest any cash
Which of these is not a broad principle of cash management that helps ensure that a business remains solvent?
Select one:
a. Invest any cash that is surplus to requirements to earn a return for the business
b. Pay accounts payable just before the due date rather than when the statement is first received
c. Collect cash owing from accounts receivable as quickly as possible
d. Buy all capital equipment on hire purchase
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