$2$

Multiple Choice

$0\mathrm{.}8$ points

Financial management involves:

managing accounts receivable in the short$-$run and financing long$-$term projects in the long$-$run.

optimizing inventory and selling owner equity in the short$-$run.

planning for capital projects in the short$-$run and managing cash flow in the long$-$run.

preparing external financial documents and verifying their accuracy to the public.