The accumulation of cash balances in excess

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Reference no: EM1389967

The accumulation of cash balances in excess of those ordinarily required for the short-term needs of working capital: A) is a poor management practice; B)deprives the organization of income that could otherwise be earned. C) implies that funds available to the organization are not productively deployed, D) all of the above.

Reference no: EM1389967

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