Download Tag: CASH BUDGETING

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY Cash is represented by those monetary items immediately available to management for business purposes. Cash includes commercial and savings deposits in banks and else where, available on demand and money items on hand that can be used as a medium of exchange or that are acceptable for deposit at face value by a bank. Cash is involved in most business transactions. This ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY Cash is represented by those monetary items immediately available to management for business purposes. Cash includes commercial and savings deposits in banks and else where, available on demand and money items on hand that can be used as a medium of exchange or that are acceptable for deposit at face value by a bank. Cash is involved in most business transactions. This ...

CHAPTER ONE 1.1   INTRODUCTION “For which of you desiring to build a tower does not first    sit and account the cost whether he has enough to complete it” (Lk. 14:28). Every rational economic unit has some objectives to attain.  Individuals, corporate bodies or governments have objectives to achieve. To achieve their respective objectives resources have to be made available.  Unfortunately nature did not distribute her resources abundantly, whilst objectives and needs are ...