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(Solved): Which of the following is an incorrect statement? Multiple Choice The management of marketable sec ...



Which of the following is an incorrect statement?
Multiple Choice
The management of marketable securities involves choosing b

Which of the following is an incorrect statement? Multiple Choice The management of marketable securities involves choosing between various short-term investments. Cash management focuses on controlling the receipt and payment of cash in order to maximize cash balances. Total carrying costs vary directly with average inventory levels. The less liquid an asset, the higher the required rate of return.


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The incorrect statement is the last option which states that a more liquid
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