Working capital management:

Question

Quizplus · Accepted Answer

Working capital management deals with short-term assets and liabilities. It involves managing the firm's seasonal financing needs, inventory management, collecting accounts receivable and investing surplus cash, among other activities. It requires good people skills as it involves managing relationships with suppliers, customers, and lenders. Therefore, options A and B are incorrect, and option D is partially correct because it includes option C as a component. Option E is also incorrect as it does not provide any correct information.

Working Capital Management