Cash flow "smoothing" is a financial management need in which phase of business?

Question

Quizplus · Accepted Answer

Cash flow smoothing is a financial management need in the phase of financing for operations. This phase involves managing the day-to-day financial operations of the business, including ensuring that there is enough cash to meet the company's financial obligations. Smoothing cash flows involves managing the timing of cash inflows and outflows to prevent any sudden spikes or dips in cash balance. This helps to ensure that the company has a stable financial position and can continue to operate smoothly.

Cash Flow "Smoothing" Is a Financial Management Need in Which