________ decisions refer to how a firm manages its short-term resources on a day-to-day basis.

Question

Quizplus · Accepted Answer

Working capital decisions are concerned with managing a firm's short-term resources, such as cash, accounts receivable, and inventory, to ensure that it has enough liquidity to meet its daily operations and obligations. Financing decisions relate to how a firm raises capital to finance its long-term investments, while investment decisions involve the selection of assets and projects that will generate returns over the long run. Managerial finance refers to the overall management of a firm's financial resources, including all three areas of decision-making.

________ Decisions Refer to How a Firm Manages Its Short-Term