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Businesses engage in the production of revenue, where they are constantly generating and spending cash. Being aware of the various techniques can assist the management of the cash flow, since it may be unpredictable and uneven. Managing current assets have various forms that assist in managing the cash, marketable securities, accounts receivable, and inventory.
Obtaining accurate knowledge is to asses the current cash throughout can place the firm in a position to make reliable predictions at specific key intervals and meet the company’s expenses. Maximizing efficient cash flow can help in billing, collections and payable systems...
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