Which of the following is a false statement?

1. Managing short-term cash flows involves managing the firm’s liquidity.
2. In managing short-term finances, a financial manager should seek the optimal level of investment in current assets.
3. A financial manager should use a cash budget to identify short-term financial needs.
4. none of the above

Answer rating: 100% (QA)

4 None of the above Because managing liquid... View the full answer