The principle objective in cash management is to minimize your cash balances while maintaining adequate liquidity.

Question

Quizplus · Accepted Answer

The statement is true. The main goal of cash management is to keep cash balances as low as possible while ensuring that there is enough liquidity to meet the company's financial obligations. By managing cash effectively, a company can improve its financial performance and reduce the cost of holding excess cash.

The Principle Objective in Cash Management Is to Minimize Your