Final answer:
Generating timely payment applications/invoices is important to the cashflow of a construction company.
Step-by-step explanation:
The correct answer is A-False.
Generating timely payment applications/invoices is important to the cashflow of a construction company. In the construction industry, payment applications/invoices are crucial for receiving payments from clients or stakeholders. These documents outline the work completed, costs incurred, and the amount owed. Timely submission of payment applications/invoices ensures that the company receives payments on time and maintains a steady cashflow, which is vital for meeting expenses and keeping the business running smoothly.