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    Multinational Business Finance Study Set 2
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    Exam 19: Working Capital Management
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    A Reason for Holding All Precautionary Balances in a Central
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A Reason for Holding All Precautionary Balances in a Central

Question 30

Question 30

True/False

A reason for holding all precautionary balances in a central pool is that the total pool, if centralized, can be reduced in size without any loss in the level of protection.

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