Explain Control of Cash
Explain Control of Cash. Illustrate briefly.
Expert
Control of Cash: As cash is a liquid asset therefore, it is simple to transfer or exchange. Big number of accounting and financial scandals is associating to misappropriating funds, money and cash. Therefore, it is the prime duty of account manager to manage cash daily basis from point of sale and must send it to bank. Efficient internal audit of cash is also helpful for efficient control of cash. When the organization has independent department for inspection cash physically, then it has minimum chance to commit fraud in cash. To accept and pay the payment through electronic form is good way to decrease cash dealing. With this, no requirement to keep big amount in business office.
Spiritual Health: The relations with their superiors and peers are good. They work for a cause for the society and therefore they are able to draw contentment. This at times work against health to create compassion stress when employees are not able t
Explain how the advent of euro would affect the strategies of international diversification.
Capital: In easy word, capital signifies the amount or asset that is invested in business by businessman or owner of business. Whenever the business is closed, after paying exterior creditors, balance amount will be his capital that he can attain.
Explain Gross margin with their appropriate formulas?
What is Freight-in and what are its conditions?
Discuss the given statement: “Exposure is the regression coefficient”.
List disadvantages and advantages of the financial hedging of firm’s operating exposure through the operational hedges (like relocating the manufacturing site)?
What is the advantage of Historical Cost in Decision Making?
Discuss cross-hedging and also some of the factors evaluating its effectiveness.
Conspicuous Consumption: It is the phenomena of spending money on services and goods which are not required but keeping them gives you a high social status. Those things are kept mainly for the purpose of displaying and creating a false image of your
18,76,764
1942393 Asked
3,689
Active Tutors
1441645
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!