Question

According to the article by Hutchinson, Farris and Anders (2007), cash-to-cash analysis is difficult because financial data and computer technology are not capable of providing the necessary information for valid benchmarking comparisons. Group of answer choices

True/False

Answer 1

Answer:

False

Explanation:

"Cash-to-cash Analysis and Management" by Hutchinson, Farris and Anders talks about the availability of the financial data and computer technology in assisting a business when it comes to determining its cash-to-cash position (C2C), as well as the benchmarks needed for comparison.

Cash-to-cash analysis was difficult in the past, however, it is easier nowadays. The supply chain is even examined at a broader view than before. C2C efficiency is possible by utilizing the readily available financial date and computer technology. So, this makes the statement above as "false."

So, this explains the answer.