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Reading 46: Working Capital Management - LOS e, (Part 2)

1.An investment policy statement for a firm’s short-term cash management function would least appropriately include:

A)   information on who is allowed to invest corporate cash.

B)   procedures to follow if the investment guidelines are violated.

C)   limits on the proportion of the portfolio which can be invested in each permitted security type.

D)   a list of permissible securities.

 thanks

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  thanks

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c

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s

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sd

sd

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thx

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Thank you

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 gd

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  thanks

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