Answer-The primary objective of Cash Management is to:

Effective cash management aims to strike a balance. It ensures the company has enough liquidity to pay its bills on time, avoiding insolvency, while also ensuring that excess cash is not sitting idle but is invested to earn a return.

Question

The primary objective of Cash Management is

to:

A Maximize the amount of cash held by the company.

B Ensure that the company has sufficient cash to meet its obligations while minimizing idle cash balances.

C Invest all surplus cash in long-term projects.

D Delay payments to suppliers as long as possible.

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The primary objective of Cash Management is

Solution