Banking · Cash Management Services
What is the primary goal of good cash management for a corporate entity?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To avoid using electronic payment methods.
- 2To eliminate the need for banking relationships.
- 3To know when, where, and how the company's cash needs will occur, and how to meet those needs efficiently.✓
- 4To maximize the number of cheques issued.
Correct answer
To know when, where, and how the company's cash needs will occur, and how to meet those needs efficiently.
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