Question
Good accounting systems help with management and control of cash and cash equivalents. a) Define and contrast the terms liquid asset and cash equivalent b)
Good accounting systems help with management and control of cash and cash equivalents.
a) Define and contrast the terms liquid asset and cash equivalent
b) Why would companies invest their idle cash in cash equivalents?
c) Identify five principals of effective cash management.
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Accounting A Smart Approach
Authors: Mary Carey, Cathy Knowles, Jane Towers-Clark
3rd Edition
0198745133, 978-0198745136
