Managing cash flow involves making sure that sufficient payments are received from the customer in time so that
A) you have enough money to cover the costs of performing the project.
B) you hold a reserve of funds instead of paying bills.
C) payroll can be paid and suppliers are delayed indefinitely.
D) deposits can be made in several different accounts.

Question

Quizplus · Accepted Answer

Managing cash flow involves ensuring that enough payments are received from customers to cover the costs of performing the project. Holding a reserve of funds instead of paying bills or delaying payments to suppliers is not a sustainable or responsible approach to managing cash flow. Making deposits in multiple accounts may improve financial diversification, but it is not directly related to managing cash flow.

Managing Cash Flow Involves Making Sure That Sufficient Payments Are