Efficient current assets management refers to the firm’s ability to economize on which of the following?
I.Inventory
II.Marketable securities
A)Only inventory
B)Only marketable securities
C)Both inventory and marketable securities
D)Neither inventory nor marketable securities

Question

Efficient current assets management refers to the firm’s ability to economize on which of the following?
I.Inventory
II.Marketable  securities
A)Only inventory
B)Only marketable securities
C)Both inventory and marketable securities
D)Neither inventory nor marketable securities

Quizplus · Accepted Answer

Efficient current assets management refers to the ability of the firm to effectively manage its inventory and marketable securities to maximize profits. Therefore, both inventory and marketable securities are included in efficient current assets management.

Efficient Current Assets Management Refers to the Firm’s Ability to Economize