A friend says to you: “I understand why it is important to deposit all receipts intact and not…

A friend says to you: “I understand why it is important to deposit all receipts intact and not…

A friend says to you: “I understand why it is important to deposit all receipts intact and not keep coin and currency sitting around the business. Beyond this control feature, however, I believe that a company should strive to keep the maximum amount possible in checking accounts to be able to pay bills on time.” How would you evaluate your friend’s statement?

 

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