What are the objectives of cash management in financial management?
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The objectives of cash management can be :
To ensure sufficient liquidityTo meet working capital requirementsTo be able to meet short term requirements forming part of administrative activities for running a business.To not use capital funds for short term requirements, thereby leading to capital erosion.An indirect objective would be to ensure stakeholders wealth maximization which serves as the basic premise for all the objectives.
To ensure sufficient liquidityTo meet working capital requirementsTo be able to meet short term requirements forming part of administrative activities for running a business.To not use capital funds for short term requirements, thereby leading to capital erosion.An indirect objective would be to ensure stakeholders wealth maximization which serves as the basic premise for all the objectives.
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