Ensuring that a firm has sufficient cash available on a daily basis is part of:
A) Capital budgeting.
B) Working capital management.
C) Business organization.
D) Capital structure.
E) Organizational structure.

Question

Quizplus · Accepted Answer

Working capital management involves managing the short-term assets and liabilities of a company, including ensuring that the firm has sufficient cash available on a daily basis to meet its operational needs.

Ensuring That a Firm Has Sufficient Cash Available on a Daily