Question

Of utmost importance to management is blank, which is the movement of money through a firm on a daily, weekly, monthly, or yearly basis.

a) Cost analysis
b) Inventory
c) The budget
d) Cash flow

Answer 1

Cash flow is the movement of money through a firm on a daily, weekly, monthly, or yearly basis. It is of utmost importance to management as it helps ensure there is enough money coming in to cover expenses and avoid cash flow problems.

Step-by-step explanation:

Of utmost importance to management is cash flow, which is the movement of money through a firm on a daily, weekly, monthly, or yearly basis. Cash flow represents the inflow and outflow of money and is crucial for the financial health of a company. It helps to ensure that there is enough money coming in to cover expenses such as cost analysis, inventory, and the budget. By tracking and managing cash flow, management can make informed financial decisions and avoid cash flow problems.