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9) All of the following are considered effective cash management principles except :Keeping only necessary levels of assets.Delaying payment of...
- A. Keeping only necessary levels of assets.
- B. Delaying payment of liabilities until the last possible day.
- C. Planning expenditures.
- D. Retaining excess cash for unexpected expenditures.
- E. Encouraging collection of receivables by offering discounts for early payments.