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Cash Management
Essay specific features
Written by:
Don W
Date added:
February 25, 2016
Level:
University
Grade:
A
No of pages / words:
4 / 919
Was viewed:
9035 times
Rating of current essay:
Essay content:
This paper will compare and contrast the various cash management techniques and short-term financing commonly used by companies.
Cash Management Techniques
There are many different types of techniques that can be used to manage cash. Cash management involves forecasting cash budgets, speeding up collections, and monitoring receipts and payments...
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Cash management involves forecasting cash budgets, speeding up collections, and monitoring receipts and payments.
Most companies want to keep a minimal amount of cash on hand. Cash must be held for transactions, bank payments, and potential emergencies. “The second major reason for holding cash results from the practice of holding balances to compensate a bank for services provided rather than paying directly for those services” (Block & Hirt, 2005)...
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