Which of the following is true?
A)A firm without sufficient cash will not survive.
B)A firm operating profitably will always survive.
C)Examining the cash receipts and disbursements during each month can identify the reasons for any deterioration of the cash balance.
D)a and c
E)all of the above

Question

Quizplus · Accepted Answer

Option A is true because without sufficient cash, a firm will not be able to pay its bills and ultimately fail.

Option B is false because even a profitable firm can fail if it does not have enough cash to finance its operations.

Option C is true because analyzing cash receipts and disbursements can help identify the reasons for a cash shortfall and take corrective action.

Therefore, options A and C are correct, and the answer is D.

Which of the Following Is True