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Basic Question 13 of 15
True or False? Two of the most important reasons that firms have temporary cash surpluses are the financing of seasonal or cyclical activities and the financing of planned or possible expenditures.
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe issuers' objectives and compare methods for managing working capital and liquidity
CFA® 2024 Level I Curriculum, Volume 2, Module 4.