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Exam IIA-CIA-Part3 topic 2 question 107 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 107
Topic #: 2
[All IIA-CIA-Part3 Questions]

The management of working capital is most crucial for which of the following aspects of business?

  • A. Liquidity.
  • B. Profitability.
  • C. Solvency.
  • D. Efficiency.
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Suggested Answer: A 🗳️
by KonradK at Jan. 23, 2024, 2:39 p.m.

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KLynn
11 months, 2 weeks ago
The management of working capital is most crucial for a business's short-term liquidity and operational efficiency (optimizing the use of current assets to maximize returns).
upvoted 1 times
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ZoeLee
1 year, 5 months ago
Selected Answer: A
Working capital represents the net current assets available for day-to-day operating activities.I thinkＡis better than D
upvoted 1 times
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Elvin
1 year, 6 months ago
Selected Answer: A
Should this be liquidity? Anyone?
upvoted 3 times
KonradK
1 year, 5 months ago
Agree with you here
upvoted 1 times
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A (35%)
C (25%)
B (20%)
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