The management of a ﬁrm's short-term assets and liabilities is called:
A)working capital management.
B)debt management.
C)equity management.
D)capital budgeting.
E)capital structure.

Question

Quizplus · Accepted Answer

The term for managing a firm's short-term assets and liabilities is working capital management. Therefore, option A is the correct answer. Option B refers to managing a firm's debt, option C refers to managing a firm's equity, option D refers to the process of identifying and evaluating potential long-term investments, and option E refers to the mix of debt and equity a firm uses to finance its operations.

The Management of a ﬁRm's Short-Term Assets and Liabilities Is