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managing accounts receivable in the short-run and financing long-term projects in the long-run. b. preparing external financial

managing accounts receivable in the short-run and financing long-term projects in the long-run. b. preparing external financial

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Financial management involves:

a. managing accounts receivable in the short-run and financing long-term projects in the long-run.
b. preparing external financial documents and verifying their accuracy to the public.
c. optimizing inventory and selling owner equity in the short-run.
d. planning for capital projects in the short-run and managing cash flow in the long-run.
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