Question

with blank decisions, a firm attempts to manage its global cash resources most efficiently. these decisions involve such tasks as reducing transaction costs, minimizing the corporate tax burden, and minimizing cash balances. multiple choice question.

Answer 1

Money management ( Money management refers to how you handle all your finances, from budgeting to investing to saving to goal setting.)

Why the money management important?

Money management is one the most important parts of your financial life. Knowing how to budget, spend and save can help you reach your financial goals, get out of debt and increase your savings.

What are the six principles for management of money?

The six principles of money management are: (1) money has a time value, (2) higher returns are expected when you take more risk, and (3) diversifying your investments reduces risk. (4) financial markets are efficient in pricing securities; (5) the goals of managers and shareholders may differ; (6) Reputational Issues.

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