Cash management involves the planning and control of cash to efficiently accomplish all of the following except:

Name: Cash management involves the planning and control of cash to efficiently accomplish all of the following except:
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

Cash management is focused on the efficient use of cash to meet day-to-day cash needs, safeguard cash, and invest temporarily idle cash to earn interest revenue. While obtaining beneficial credit terms can be a part of cash management, it is not the primary objective.

Cash Management Involves the Planning and Control of Cash to Efficiently