5 Ways for the Management of Cash Balance (With Diagram)
The following points highlight the five ways for the management of cash balance. The ways are: 1. Setting Cash Balance 2. Cash Cycle 3. Zero Balance Account 4. Money Market Banking 5. Petty Cash Imprest System. Way # 1. Setting Cash Balance: The level of cash holding of a firm depends upon number of factors. In setting cash balances for [...]