Question: Identify the false statement about working capital management. Working capital management, or new working capital management, is concerned with the difference between the current assets

Identify the false statement about working capital management.

Working capital management, or new working capital management, is concerned with the difference between the current assets and current liabilities.

Working capital management decides what portion of the firm's debts should be financed through short-term and long-term sources.

Working capital management involves reducing the risk of illiquidity.

Working capital management tries to match short-lived assets with long-term financing.

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