1. Explain the following as used in Management of stock

i)Objectives of stock management

ii)Costs of holding stock

iii)Stock management systems

iv)Stock management systems(Bin systems and Just in time)

v)Economic Order Quantity

vi)Effects of large order discounts on EOQ

2.Explain the following as used Management of Debtors

i)Objectives of Debtors management

ii)Significance of credit policy in an organisation

iii)Process of assessing credit worthiness

iv)Financing from debtors(Factoring and invoice discounting)

3.Explain the following as used in Management of creditors

i)Objectives of creditors management

ii)Costs of trade credits

4.Explain the following as used in Management of creditors

i)Objectives of cash management

ii)Description of cash operating cycle

iii)Explanation of the significance of the following ratios(Debtors collection period and creditors payment period)

iv)Significance of cash budgets in a business organisation

v)Cash management models (Baumol and The Miller -Orr models)

vi)Treasury management