Question 28 (1 point) a series of decisions made over a short-term period regarding cash inflows and outflows a liquidity b cash deficiency C money management

## Step 1<br />The problem is asking us to identify the term that best describes a series of decisions made over a short-term period regarding cash inflows and outflows. The options provided are: a) liquidity, b) cash deficiency, and c) money management.<br /><br />## Step 2<br />Let's analyze each option:<br />- Liquidity refers to the ability of an asset to be quickly converted into cash without affecting its price. It doesn't necessarily involve decision-making over a short-term period.<br />- Cash deficiency refers to a situation where the cash inflows are less than the cash outflows. It's a condition, not a series of decisions.<br />- Money management involves making decisions about how to allocate and use cash, including decisions about spending, saving, and investing. This fits the description given in the problem.<br /><br />## Step 3<br />Based on the above analysis, the term that best fits the description is 'oney management'.