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AFP CTP Question # 19 Topic 2 Discussion

CTP Exam Topic 2 Question 19 Discussion:
Question #: 19
Topic #: 2

Which two of the following are optimal uses for short-term excess cash?

I. Pay down credit lines.

II. Make overnight investments.

III. Repurchase stock.

IV. Make capital expenditures.


A.

I and II


B.

I and III


C.

II and III


D.

II and IV


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