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Cash budgetsare the most important tool for monitoring and controlling corporate cash. Without them, good cash management is simply impossible. Cash budgets are necessary in
Cash budgetsare the most important tool for monitoring and controlling corporate cash. Without them, good cash management is simply impossible. Cash budgets are necessary in controlling cash in any organization. Cash is king! Describe what would happen to a company if it ran out of cash. Explain the importance of good working capital management and the cash conversion cycle. Describe a experiences in a time when cash was tight in a business. Use a short scenario and how it was dealt with
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