Problem
a) Discuss how can management control cash. Your discussion should include what tools management may use to control cash.
b) Use Northrop Grumman and annual financial statements from Q2020 and Q2021. Disclose the company's cash balance, and discuss if you believe the company has too much or too little cash. Be sure to support your opinions with supporting facts.
c) Discuss management's responsibility to establish overall basic internal controls. Provide a real-life example from a work situation where you saw basic internal controls in place.