The management of a firm's cash,inventory,and payables is referred to as:
A)cash-flow forecasting
B)asset management
C)capital management
D)cash budgeting
E)working capital management

Question

Quizplus · Accepted Answer

Working capital management involves the management of a firm's short-term assets (such as cash and inventory) and liabilities (such as payables) to optimize its financial position and ensure adequate cash flow. This includes activities such as cash budgeting, inventory management, and payment scheduling. Therefore, the best choice for this question is E - working capital management.

The Management of a Firm's Cash,inventory,and Payables Is Referred to As