When managing its cash, a company should make use of float to _______ decrease the length...
- decrease the length of time for a payment to clear the bank
- set aside cash for future payments
- make payments before they come due
- increase the length of the disbursement cycle
Homework Answers
When managing its cash , company should make use of float to make use cash on hand for as long as possible. When company is managing its disbursements, a company should make efforts to increase the amount of time present in the disbursement cycle.
Hence last option that is to increase the length of the disbursement cycle is the correct answer.
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When managing its cash, a company should make use of float to _______
decrease the length...
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internal congrols of cash payments help plz
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