Which of the following would be considered the least effective management of cash?
A) Protect cash and ensure cash is available to pay debts as they fall due.
B) Protect cash and enable accurate reporting of cash.
C) Enable accurate reporting of cash
D) Ensure cash is available to pay debts as they fall due and allow idle cash to be invested.

Question

Quizplus · Accepted Answer

Option C, "Enable accurate reporting of cash," is considered the least effective management of cash because it focuses solely on reporting without addressing the critical aspects of protecting cash, ensuring liquidity, or optimizing the use of idle cash for investments. Effective cash management encompasses a broader range of activities beyond just accurate reporting.

Which of the Following Would Be Considered the Least Effective