Management of current liabilities arises, in part, because of a concern over
A) profitability.
B) liquidity.
C) timeliness.
D) materiality.

Name: Management of current liabilities arises, in part, because of a concern over A) profitability. B) liquidity. C) timeliness. D) materiality.
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Question

Quizplus · Accepted Answer

Management of current liabilities is primarily concerned with liquidity, as it involves ensuring that a company has enough short-term assets to cover its short-term liabilities.

Management of Current Liabilities Arises, in Part, Because of a Concern