One of the objectives of the cash management process is to determine the Best way to invest the
temporary excess cash reserves of the ﬁrm.

Question

Quizplus · Accepted Answer

This statement is true. One of the objectives of cash management is to determine the best way to invest any temporary excess cash reserves of the firm. This can help to maximize returns and potentially earn additional income for the company. However, it is important to also consider liquidity needs and risk tolerance when making investment decisions with excess cash.

One of the Objectives of the Cash Management Process Is