GN PAGE LAYOUT REFERENCES MAILINGS REVIEWVIEW Answer True or False. Briefly expl

Question

GN PAGE LAYOUT REFERENCES MAILINGS REVIEWVIEW Answer True or False. Briefly explain the false ones 26, Budgets are an excellent planning and control tool. 27. The cash budget does not need to be prepared if the cash flow statement is prepared 28. If the "working capital ratio" is greater than 1, it means that the net working capital is also negative. 29. Keeping accounts receivable "accounts receivable" low is part of a conservative strategy of current assets. 30. All inventories are considered as collateral in short-term financing.

Explanation / Answer

answers are in the following order of numbering

26 true

27 false

28 false

29 true

30 false

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