Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Why do organizations hold cash?

user-image
Question ajoutée par Kofi Amoateng
Date de publication: 2016/04/13
Mary Ann Triste
par Mary Ann Triste , FINANCIAL ACCOUNTANT , Heavyweight Air Express FZCO

Cash as being the most liquid among all assets is the most useful way in paying any transaction such as purchase, acquisition or alike ... thus holding a cash is the best way to settle transaction specially if cash can be only payment mode require to settle a transaction. Example are the Petty cash to pay petty expenses rather than issuing a cheque

More Questions Like This