apter 15 Assignment Investments that are so liquid that they aro considered near cash," and that can be used to generate positive returns during periods of excess liquidity or sold to provide necessary funds during periods of liquidity. A schedule showing a firm's or division's cash receipts, cash disbursements, and cash balances for a firm over a specified period of time. Inventories that have completed the production process and are ready for sale. The general term used to describe the lag between the time when a check is tendered by a payor and the funds are actually withdrawn from their account, or when a check is received by a payee and when the funds are actually available to the depositor The total amount of money from checks that have been received and deposited, but that have, not yet been credited to the account into which they were deposited. A technique used to move funds from many geographically distributed bank accounts to a more central cash pool from which to more effectively manage cash. The standards establishing the minimum creditworthiness of customers purchasing goods on credit The practice of purchasing components rather than making them in-house A cash collection technique that has customer payments sent to a post office box located near the firm's customers and that is accessible by the firm's bank A set of decisions that includes the determination of a firm's credit standards, credit terms, collection policies and procedures, and policy monitoring procedures