What did Pacioli mean when he stated "never at any time in the management of your business may cash be a creditor"?
a. You should never have a negative cash balance on your books
b. You should never owe money to anyone
c. You should collect any money owed to you as quickly as possible
d. You should always pay cash when you purchase goods
a
Business
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Fill in the blank(s) with the appropriate word(s).
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When persuading others it is critical to phrase messages in terms of WIIFM
Indicate whether the statement is true or false
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