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TB Problem Qu$.6-223($Algo$)$ Cash management strategies LO C$2$

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oints

Following is a list of policies applied by a company. Select whether each policy is good or bad cash management, and indicate the cash management strategy followed or violated.

Cash receipts and cash payments are regularly planned and reviewed.

Bills are paid as soon as they are received.

Customers are offered discounts to pay early.

Excess cash is put into short$-$term investments to earn extra income.

All equipment is purchased, even equipment infrequently used.

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$\backslash$table$[[,$Good or Bad,Cash Management Strategy$],[1.,,],[2.,,],[3.,,],[4.,,],[5.,,]]$