What is the difference between the financing and operating
1. Why do most companies have petty cash funds?
2. What are cash equivalents?
3. Why do companies invest their cash in short-term investments?
4. What is the difference between the financing and operating cycles?
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1 describe two advantages of performing reconciliations of the cash account to the balances on the bank statements2
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1 why do most companies have petty cash funds2 what are cash equivalents3 why do companies invest their cash in
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