Answer:
Cash flow is important to government entities because:
As with non-government entities, cash flow is important to government organizations because it is required for the operations of any organization regardless of whether they are government-owned or not, for-profit or not.
The measurable difference in the cash balance of any organization from one period to the next is referred to as Cashflow. No business or entity can continue operations if they keep taking out or spending more cash than they can make.
An administrator can plan for cash flow using a Cash Flow Planner.
This can take the form of a simple excel spread sheet with one column showing on one side all the monies that one is expecting to come in (Account Receivables) and an adjacent column showing all the monies one is expecting to pay out (Account payables).
At the bottom of the excel, you can show the bank balance.
There are specialised apps that help perform this function. An example would be Quickbooks, Planware, Cash Flow Planner, etc.
Cheers!
Answer:
The correct answer is letter "D": tend to be logical, analytical, and action oriented.
Explanation:
Low-context cultures prefer clear explanations at the moment of doing business. They are characterized for being specific and based on past facts at the moment of starting a new venture. Among low-context cultures, we can identify the United States, Canada, and Western Europe.
Answer:
There are a few number of things that a businessman should always keep in mind to make his business flourish in the near future. The more competitive a business person is, the easier and faster success he gets.
Explanation:
The list of points that a businessman should follow is as follows:
1. It is necessary to keep a track on your competitor's product value, or the selling price of the same. Keeping this thing in track helps you to determine or set your product's selling price so that the consumers don't find them to be too expensive or cheap.
2. You need to be enough self motivated so that a little loss doesn't make you lose your confidence.
3. It is always advised to discuss your business aspects with an experienced one to take the perfect decision at the right time.
4. Being self-aware is a must while running a business. Don't trust anyone blindly. In case if your rivals are trying to make you lagging behind, you need to use your creative business mind to deal your customers.
5. Prioritizing the customer's needs and maintaining the quality is utmost important.
Answer: The correct answer is "d) The accounts payable manager issues purchase orders.".
Explanation: A member of a company cannot charge with 2 functions of authorization and maintenance of related records, that is to say it is incompatible because it should not have the possibility of committing errors or hiding frauds, in that case it would cause a weakness, that is why the authorization and the Maintenance of related records must be separate functions.