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20 July, 14:09

TP8.

LO 7.5If management is being evaluated on their ability to manage a budget, what can they do to increase cash flow?

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  1. 20 July, 14:15
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    Answer and explanation:

    Cash flow is the movement of cash into or out of an account, a business or an investment. When cash inflows exceed outflows it is considered to be good financial health. In the case a company is rated according to its ability to manage a budget, the firm must try to realize their transactions as they happen, avoiding to generate accounts receivables and needless debts.
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