Estimating ________ is one part of managing short-term cash needs.The second part is estimating ________.
A)cash inflow; accounts payable
B)cash inflow; cash outflow
C)accounts receivable; cash outflow
D)accounts receivable; cash inflow

Question

Quizplus · Accepted Answer

Estimating cash inflow is one part of managing short-term cash needs, but it is equally important to estimate cash outflow to ensure that the business has enough funds to cover its expenses. Therefore, the best choice is B, estimating both cash inflow and cash outflow.

Estimating ________ Is One Part of Managing Short-Term Cash Needs