Question

Cash-flow management is:

1. the process of checking actual performance against plans to ensure that desired financial results occur.
2. a firm’s strategies for reaching some future financial position.
3. rules governing a firm’s extension of credit to customers.
4. the granting of credit by one firm to another.
5. the management of cash inflows and outflows to ensure adequate funds for purchases and the productive use of excess funds.

Answer 1

The correct answer is the fifth one.

Explanation:-

Cash flow management is known as the process of assessing how much money is entering into and getting out of your business. This assist you to predict how the money will be there for your business in the future.

Explanation:-

Cash flow management is known as the process of assessing how much money is entering into and getting out of your business. This assist you to predict how the money will be there for your business in the future.