An overall management objective is to:

Question

Quizplus · Accepted Answer

The overall management objective should be focused on minimizing the time from the beginning of the selling process to the end of cash collections, as this can help improve cash flow and working capital management. Minimizing the number of sales transactions or total amount of accounts receivable may not necessarily be the most effective way to achieve this goal. Maximizing the amount of float is also not an ideal objective as it can lead to cash flow inefficiencies and potential losses.

An Overall Management Objective Is To