Receivable management refers to the efficient and effective utilization of cash to attain company objectives such as cash cycle and the minimum cash balance. True False

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter4: Internal Control And Cash
Section: Chapter Questions
Problem 38BE
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24
Question 24
Receivable management refers to the efficient and effective utilization of cash to
attain company objectives such as cash cycle and the minimum cash balance.
True
False
Transcribed Image Text:Question 24 Receivable management refers to the efficient and effective utilization of cash to attain company objectives such as cash cycle and the minimum cash balance. True False
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