- CFA Exams
- 2021 CFA Level I Exam
- Study Session 11. Corporate Finance (2)
- Reading 35. Working Capital Management
- Subject 2. Managing the Cash Position
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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