Short-term financial management is concerned with management of the firm's current assets and current liabilities.

Question

Quizplus · Accepted Answer

Short-term financial management focuses on the management of the firm's current assets (such as inventory, accounts receivable, and cash) and current liabilities (such as accounts payable and short-term debt) to ensure that the firm has enough liquidity to operate effectively in the short term.

Short-Term Financial Management Is Concerned with Management of the Firm's