Of the following, only ___ would not be considered proper financial management during both good and bad times.
A) investing excess cash in CDs, government securities, or conservative securities
B) making sure that funds are available to meet tax deadlines
C) paying bills promptly
D) investing all excess cash in long-term securities
E) planning for sufficient financing when needed

Question

Quizplus · Accepted Answer

Investing all excess cash in long-term securities would not be considered proper financial management during both good and bad times as it can lead to liquidity issues and inability to meet short-term obligations such as paying bills or taxes. It is important to balance long-term investment goals with maintaining adequate liquidity for short-term needs.

Of the Following, Only ___ Would Not Be Considered Proper