The primary concern in current liabilities management is to pay obligations
A)when they are due.
B)before they are due.
C)after they are due.
D)All of the above are concerns.

Question

Quizplus · Accepted Answer

The primary concern in current liabilities management is to ensure that obligations are paid when they are due. Failing to pay on time can result in penalties, damage to the company's credit rating, and potentially legal action. While paying obligations before they are due may be helpful in some cases, it is not the primary concern. Similarly, paying obligations after they are due is not a viable option as it can lead to severe consequences.

The Primary Concern in Current Liabilities Management Is to Pay