What is involved with proper cash management?
What will be an ideal response?
Answer: Nothing happens without a plan. You need to start off with a budget to determine what your monthly living expenses are and what your savings goals are. Once you determine how much money you need in an emergency fund, then you need to determine the best cash management options available to you. Do you need a checking account and what other options do you need like an ATM card, Debit card and overdraft protection. How much money do you need in your checking account to cover your living expenses and not have any overdraft fees. Next, you need to determine how liquid your savings accounts need to be for the rest of your emergency fund balance. Will an MMDA or a MMMF give you a better return and meet your liquidity needs? Should you give up some liquidity and purchase a CD and for how long? Your cash management goal is to maximize your return while maintaining liquidity and minimizing transaction costs.
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__________ drug testing is performed on every employee at a specific time, for example, after a conditional job offer has been made.
A. Random B. Universal C. Serial D. Ability E. Meticulous
Like Social Security, Medicare is funded by contributions from employers only.?
Indicate whether the statement is true or false
Which of the following is true of a warranty of merchantability?
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