The goal for treasurers, who are responsible for managing an organization's cash resources, is to make funds available so that they can be used to acquire revenue-generating assets, be invested to earn interest, or be used to reduce debt, thus saving interest charges.

Question

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This statement correctly describes the goal of treasurers. They aim to effectively manage the organization's cash resources to optimize cash flow and generate the maximum return on investment. This can involve investing surplus funds, paying off debt, or funding revenue-generating assets such as new projects or acquisitions.

The Goal for Treasurers, Who Are Responsible for Managing an Organization's