Effective cash management and control includes all of the following except

a. The use of a petty cash fund
b. Bank reconciliations
c. Short-term investments of excess cash
d. Purchase of stocks and bonds

d

Business

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Foreign firms are expanding aggressively into new international markets, and home markets are no longer as rich in opportunity

Indicate whether the statement is true or false

Business

Changes in risk aversion, and therefore shifts in the SML, result from changing tastes and preferences of investors, which generally result from various economic, political, and social events

Indicate whether the statement is true or false

Business