Which of the following is the most useful tool for managing cash?
A) cash budget
B) quick ratio
C) aging of debtors
D) current ratio

Question

Quizplus · Accepted Answer

A cash budget is the most useful tool for managing cash as it helps to forecast cash inflows and outflows, which allows a business to plan for any potential cash shortages or surpluses. The quick ratio, aging of debtors, and current ratio are all important financial ratios, but they are not specifically designed for managing cash.

Which of the Following Is the Most Useful Tool for Managing