Working capital management primarily involved long-term planning.

Question

Quizplus · Accepted Answer

Working capital management primarily involves short-term planning to ensure that a company has enough liquid assets to cover its short-term obligations and maintain day-to-day operations. Long-term planning may play a role in determining the overall capital structure of the company and the amount of long-term debt versus equity financing, but it is not the primary focus of working capital management.

Working Capital Management Primarily Involved Long-Term Planning