Working capital management:
A) Includes the daily oversight of a firm's cash requirements.
B) Involves the determination of how much long-term debt should be issued.
C) Is the oversight of a firm's long-term assets.
D) Deals with the refinancing of the firm's debt if interest rates decline.
E) Deals with the allocation of equipment to various jobs on a daily basis.

Question

Quizplus · Accepted Answer

Working capital management focuses on the management of a firm's short-term assets and liabilities, including the oversight of cash requirements, inventory, accounts receivable, and accounts payable to ensure the company can meet its short-term obligations and operate efficiently.

Working Capital Management