Q148
The cash management refers to management of ___________.
A.
cash only
B.
cash and bank balances
C.
cash and near cash assets
AnswerD.
fixed assets
Answer: Option C
Solution
Answer: Option C
Solution:
The cash management refers to management of cash and near cash assets. Cash management is the process of collecting and managing cash flows. Cash management can be important for both individuals and companies. In business, it is a key component of a company's financial stability.