- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 4. Working Capital and Liquidity
- Subject 3. Managing Working Capital and Liquidity
CFA Practice Question
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.
Correct Answer: True
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