Efficient cash management will aim at maximising the availability of cash inflows by decentralising collections and decelerating cash outflows by centralising disbursements.” Discuss.

Cash is the most important current asset for a business operation. It is the force that drivers business activities and also the ultimate output expected by the owners. The firm should keep sufficient cash at all times. Excessive cash will Read More …

Efficient cash management will aim at maximising the availability of cash inflows by decentralising collections and decelerating cash outflows by centralising disbursements.” Discuss.

Cash is the most important current asset for a business operation. It is the force that drivers business activities and also the ultimate output expected by the owners. The firm should keep sufficient cash at all times. Excessive cash will Read More …