A primary goal of cash management is to ensure that the inflows and outflows of cash are synchronized.

Question

Quizplus · Accepted Answer

Cash management involves coordinating the timing of cash inflows (such as revenue from sales) and outflows (such as payments to suppliers or employees) to ensure that the business has enough cash on hand to meet its obligations and maintain smooth operations. Therefore, the primary goal of cash management is to synchronize inflows and outflows of cash.

A Primary Goal of Cash Management Is to Ensure That