The objective of managing current assets and liabilities is to None of the above clone of prior item.
A)achieve as low a level of current assets as possible.
B)achieve as low a level of current liabilities as possible.
C)achieve a balance between profitability and risk that detracts from the firm's value.
D)achieve as high a level of current liabilities as possible.
E)none of the above

Question

Quizplus · Accepted Answer

The objective of managing current assets and liabilities is to achieve a balance between profitability and risk that enhances, not detracts from, the firm's value. Therefore, none of the given options correctly describe this objective.

The Objective of Managing Current Assets and Liabilities Is to None