Ask Experts Questions for FREE Help !
Ask
    johnnetta's Avatar
    johnnetta Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Dec 21, 2007, 12:41 AM
    Principles of cash management
    How each of the principles of internal control works? Give an example of each.

    Establishment of responsibility
    Segregation of duties
    Documentation procedures
    Physical, mechanical, and electronic controls
    Independent internal verification
    Other controls
    Invest idle cash
    Plan the timing of major expenditures
    Delay payment of liabilities:confused:
    Keep inventory levels low
    Increase the speed of collection on receivables:confused: :confused:
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #2

    Dec 21, 2007, 02:30 AM
    Hello, johnnetta!

    Before posting homework questions on this site, it's important that you first read what is quoted below and is also on the following link. https://www.askmehelpdesk.com/math-s...-b-u-font.html

    There are certain expectations on this site for people that ask homework questions. Thank you.

    Quote:

    Read this first: Expectations for the Homework Help board
    Do not simply retype or paste a question from your book or study material

    We won't do your homework questions for you.
    You were given the assignment for you to learn.

    If you come up with your own answer and post it for us to critique that is within reason.

    If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that.
    But this is your assignment, so show us you have at least attempted to complete it on your own.

    Thank you.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Cash Flow Management [ 1 Answers ]

What are some important aspects of cash flow management? What is more important to a company, cash or profits? Describe strategies that companies may use to improve their cash management.

Principles of Management [ 1 Answers ]

What are some of the differences in Self regualation and Government regulation of an industry? Thanks..

Finance- Cash and Inventory Management [ 1 Answers ]

If the lock box saves 2 days in collection float, is it worthwhile to adopt the system?

Accounting principles [ 1 Answers ]

Accounting principles are the ground rules used by accounting entities in preparing statements for use by users of accounting information . A principle in physics ,however , such laws of gravity ,serves as a basis of developing theories and explaining the relations among physical objects ....

View more questions Search