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What is cash management？

幫考網(wǎng)校2020-10-12 17:59:06
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Cash management refers to the process of managing and optimizing the use of cash within a business or organization. This involves monitoring and controlling cash flows, forecasting future cash needs, and making decisions about how to invest or allocate cash resources. Effective cash management helps ensure that a company has enough liquidity to meet its financial obligations, while also maximizing returns on cash investments and minimizing the cost of borrowing.
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