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The VP of finance of the ACME company has developed a financial plan that will alleviate some of the cash flow problems that the company has incurred in the past year.

However to implement the plan requires the commitment of several department heads. While the VP has no doubt they will all approve the plan it does not seem to be a priority. Is it necessary that the plan be implemented in a timely manner. Why or why not?

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9283135

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