Which of the following is not an element of working capital policy?

A) The amount of working capital used
B) The level of attention that top management pays to working capital issues
C) The nature and source of financing that supports working capital
D) How the components of working capital are managed
E) The extent to which working capital is supported by short versus long term financing

Working Capital Policy

A strategy relating to managing a firm's short-term assets and liabilities with the objective of maintaining sufficient liquidity to carry out operations smoothly.

Top Management

The highest level of managers and executives who have the day-to-day responsibilities of managing a company or corporation, making strategic decisions.

Financing Nature

The characteristic manner or method in which a company prefers to finance its operations, typically equity, debt, or a hybrid.