Explain beranek's model of cash management ?
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Answer:
it is the reverse of bat model
Explanation:
Answered by
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Explanation:
The Beranek Model of cash management makes an assumption that both cash inflow and outflow are predictable. Since cash is accumulated over time, it should be invested in securities as its level meets the upper limit. Once the upper limit reaches, investment should be made with systematic calculations. The number of investments to be made should also be assessed wisely.
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