What is the term for making sure that enough cash is on hand to pay bills as they come due and to meet unexpected expenses?
A) cash targeting
B) cash management
C) cash maintenance
D) cash capitalization

Question

Quizplus · Accepted Answer

Cash management involves the process of making sure that there is enough cash available to cover expenses and unexpected costs. This includes keeping track of inflows and outflows of cash, creating a budget, and developing strategies to maintain the necessary cash reserves. Cash targeting, cash maintenance, and cash capitalization do not accurately describe this concept.

What Is the Term for Making Sure That Enough Cash