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stranahan stranahan
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7 years ago
Which of the statements below is FALSE?
A) Although the cash-management process will usually start with inventory forecasting, managers will look at the "final product" first to get an idea of where the company is ultimately heading and why it needs to look at sales forecasts and production schedules.
B) The cash forecast is the analytical tool that estimates the future timing of cash inflow and that projects potential shortfalls and excess.
C) The amount of inventory can be changed with the next order if a product's sales are faster or slower than originally anticipated.
D) The ultimate goal of cash management is to have sufficient cash on hand to meet business obligations in a timely and appropriate manner.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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UnluckyGirlXOXUnluckyGirlXOX
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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