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

Working capital management involves managing a firm's current assets (such as inventory, accounts receivable) and current liabilities (such as accounts payable, short-term debt) to ensure that there is enough liquidity to continue operations and meet short-term obligations.

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