Tracking receivables helps to manage ________.
A) Cash flow
B) Assets
C) Owner's equity
D) COGS
E) Fixed costs

Question

Quizplus · Accepted Answer

Tracking receivables, or the money owed to a company by customers, helps to manage cash flow. By keeping track of when customers are scheduled to pay and how much they owe, a company can better plan for its near-term cash needs and ensure that it has enough liquidity to cover expenses.

Tracking Receivables Helps to Manage ________