Valerie is a financial manager for a large office supply store. One of the most important facets of her job is ensuring that sufficient, but not excessive, funds are on hand to meet the store's obligations. What current asset is Valerie managing in this scenario?

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In this scenario, Valerie is managing cash. Cash flow is the movement of money through an organization on a daily, weekly, monthly, or yearly basis. Ensuring that sufficient (but not excessive) funds are on hand to meet the company's obligations is one of the single most important facets of financial management.

Valerie Is a Financial Manager for a Large Office Supply