ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You can track your cash flow by using ANY of the following tools ____ (Check all that apply ____ only 3)
A
checking accounts
B
credit cards
C
debit cards
D
calling cards
Explanation: 

Detailed explanation-1: -The most effective way to track your company’s cash flow is through a cash flow statement (or report). It enables you to get an overall view of all money that has come in and out of your business’s bank account, and basically to understand your company’s cash position (whether it is positive or negative) every month.

Detailed explanation-2: -Five types of cash management tools (or savings tools) include checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and savings bonds.

Detailed explanation-3: -Fathom. Cube. Phocas. QuickBooks. Xero. Anchor. Causal. Vena Solutions. 09-Feb-2023

Detailed explanation-4: -Operating cash flow. Investing cash flow. Financing cash flow. 09-Aug-2022

There is 1 question to complete.