ROLE OF CASH MANAGEMENT IN THE SUCCESS OF A BUSINESS
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Cash management is the collection, concentration, and disbursement of cash. With the aim of managing the cash balances of a firm so as to maximize the availability of cash not invested in fixed assets or inventories in such a manner as to avoid the risk of insolvency. Cash management involves the monitoring of the firm’s level of liquidity, its management of cash ...
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