The key to managing ____ is to ensure that cash comes in faster than it goes out.
A) scope extensions
B) budget & schedule charts
C) cash flow
D) cash variances

Question

Quizplus · Accepted Answer

Cash flow refers to the amount of cash coming in and going out of a business. The key to managing cash flow is to ensure that more cash comes in than goes out, which can be done by improving collections from customers, reducing expenses, and managing inventory levels. By focusing on cash flow, businesses can ensure that they have enough cash on hand to cover expenses and invest in growth opportunities.

The Key to Managing ____ Is to Ensure That Cash