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GODWIN-XAVIER AYEEBO's Blog – March 2011 Archive (1)
FINANCIAL LITERACY FOR ALL - CASH MANAGEMENT
FINANCIAL LITERACY FOR ALL - CASH MANAGEMENT
Cash ‘consists of cash in hand and deposits repayable upon demand less overdrafts.’ ‘This includes cash held in foreign currency.’
Cash equivalents are ‘short-term highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of change in value.’
Cash flows are ‘inflows and outflows of cash and cash…
Added by GODWIN-XAVIER AYEEBO on March 9, 2011 at 4:30am — No Comments
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