All of the following are characteristics of an ideal performance management system EXCEPT:

When the Bretton Woods participants established the World Bank, the need to lend money to third-world nations was foremost in their minds

Indicate whether the statement is true or false.

The goal of working capital management is to ________

A) achieve a balance between short-term and long-term liabilities so that they add to the achievement of a firm's overall goals B) achieve a balance between a firm's non-current assets and non-current liabilities C) achieve a balance between profitability and risk that contributes positively to a firm's value D) achieve a balance between short-term and long-term assets so that they add to the achievement of a firm's overall goals