Cash planning is important because a company wants to

Question

Quizplus · Accepted Answer

Cash planning is primarily focused on ensuring that a company has enough cash on hand to meet any upcoming maturing obligations, such as paying bills or meeting payroll expenses. While safeguarding available cash and forecasting cash surpluses are also important, they are not the primary objective of cash planning. Additionally, preparing a cash budget is not the end goal of cash planning, but rather a tool used in the process.

Cash Planning Is Important Because a Company Wants to