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The five cash management tools are: checking accounts, savings accounts, CD's, bonds, and money market accounts.

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12y ago

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What has the author Harold C Cash written?

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Some of the tools used for working capital management include cash flow forecasting, accounts receivable management, inventory control, and accounts payable management. Cash flow forecasting helps in predicting future cash inflows and outflows, enabling effective management of cash. Accounts receivable management involves monitoring and collecting payments from customers in a timely manner. Inventory control focuses on optimizing the level of inventory to avoid excess or shortage. Accounts payable management involves managing and negotiating payment terms with suppliers to optimize cash flow.


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