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

Short-term cash outflow managers focus on the day-to-day cash needs, such as paying bills and purchasing inventory or supplies. Long-term cash needs, such as investments and capital budgeting decisions, are usually handled by higher-level executives or financial specialists.

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