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Foundations of Financial Management Study Set 6
Quiz 4: Financial Forecasting
Profit Is Generally Adequate to Finance Significant Growth
Question 3
True False
Profit is generally adequate to finance significant growth.
False
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Q 4
Growth in sales volume precludes a shortage of funds.
Q 5
The primary purpose of the cash budget is to allow the firm to anticipate the need for outside funding.
Q 6
The primary purpose of the cash budget is to plan accounts payable payments.
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