Working-capital management
A) involves managing long-term assets and liabilities.
B) is not important to small businesses.
C) deals with assigning cash values to employees.
D) involves managing short-term assets and sources of financing.

Question

Quizplus · Accepted Answer

Working-capital management involves managing short-term assets and sources of financing, such as inventory, accounts receivable, and short-term loans. It is important for businesses of all sizes as it directly impacts their liquidity and ability to meet short-term obligations. Assigning cash values to employees is unrelated to working-capital management.

Working-Capital Management