Working capital management encompasses the day-to-day activities of managing a firm's [blank].

Question

Quizplus · Accepted Answer

Working capital management focuses on managing a firm's current assets (such as cash, accounts receivable, and inventory) and current liabilities (such as accounts payable and short-term loans). Therefore, both options A and B are correct. Option C is not relevant to the definition of working capital management.

Working Capital Management Encompasses the Day-To-Day Activities of Managing a Firm's