Making sure that enough cash is on hand to pay bills as they come due and to meet unexpected expenses is called which of the following?
A) cash targeting
B) cash management
C) cash maintenance
D) cash capitalization

Question

Quizplus · Accepted Answer

Cash management involves ensuring that there is enough cash on hand to cover expenses, as well as managing cash inflows and outflows to maximize financial stability and minimize the cost of holding cash. Cash targeting and cash maintenance are not widely used terms, and cash capitalization typically refers to the process of raising funds through the issuance of stock or bonds.

Making Sure That Enough Cash Is on Hand to Pay