Why is a short-term investment policy statement necessary?

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Question Posted: Mar 27, 2015 12:35 PM

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Why is a short-term investment policy statement necessary?

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A written policy helps prevent mistakes or mismanagement of a firms excess cash ...View the full answer

Introduction to Finance Markets Investments and Financial Management

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