Managers in charge of short-term cash outflow direct their attention to cash management as it pertains to the operations of the firm,much as ________.
A)they do with their daily cash needs
B)they do with their long-term cash needs
C)they do with their capital budgeting needs
D)all of these

Question

Quizplus · Accepted Answer

Managers in charge of short-term cash outflow are more concerned about the day-to-day operations of the firm and finding solutions to the immediate cash needs. Hence, their focus in cash management is more on short-term cash requirements rather than long-term or capital budgeting needs. Therefore, option A is the best choice.

Managers in Charge of Short-Term Cash Outflow Direct Their Attention