43. Which is not the device or technique of cash management:
(A) Cash Budget
(B) Cash Flow statement
(C) Funds flow statement
(D) None of the above
Answers
Answered by
1
Answer:
Fund flow statement
Explanation:
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Answered by
0
Answer:
Correct option is: b
Cash Flow statement
Cash Flow statement is not the device or technique of cash management.
Explanation:
Cash Flow statement is not the device or technique of cash management. Checking, savings, money market, certificates of deposit, and savings bonds are the five different categories of cash management (or savings) tools. The process of gathering and controlling cash flows is known as cash management. Both individuals and businesses may find cash management to be crucial. It is a crucial part of a business's financial stability. Cash is necessary for people's financial stability and is typically regarded as a component of their overall wealth portfolio.
Five ways to improve cash management:
- Make a cash flow statement and review it every month.
- Make a record of your cash flow history.
- Plan out your cash flow requirements.
- Implement strategies to enhance cash flow.
- Control your expansion.
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