Which of the following is not directly involved in a firm's management of its working capital?
A) Inventory
B) Fixed assets
C) Accounts receivable
D) Accounts payable

Question

Quizplus · Accepted Answer

Fixed assets are not directly involved in a firm's management of working capital. Working capital refers to the short-term assets and liabilities that are necessary for a company's day-to-day operations, such as inventory, accounts receivable, and accounts payable. Fixed assets are long-term assets that are used to generate revenue over a longer period of time, and their management is not typically considered part of working capital management.

Which of the Following Is Not Directly Involved in a Firm's