Question: Which is a false statement? Both large and small companies must manage cash flow. Cash equivalents include U . S . Treasury bills, commercial paper,
Which is a false statement?
Both large and small companies must manage cash flow.
Cash equivalents include US Treasury bills, commercial paper, and money market funds.
To receive a line of credit, the bank may require a company to maintain a minimum cash balance.
Large companies are required by law to use an asset managing company.
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