Management is responsible for devising, executing, monitoring, and reporting on a complete financial plan for a business that focuses on the following: Profitabilityability to earn a satisfactory net income. Total Asset Management use assets to maximize revenue. Liquidityability to pay bills when due and to meet unexpected needs for cash. Financial Risk the risk involved in making a loan or investment. Operating Asset Management using current assets and current liabilities in a way that supports revenue growth and minimizes investment.

True False