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What are the primary purposes of money

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Reference no: EM133033265

DISCUSSION QUESTIONS

1. Why is it important to plan for the amounts and timing of cash inflows and outflows?

2. What is money, and how does it differ from pro?ts?

3. What are the primary purposes of money?

4. How do the economic and accounting definitions of cash differ?

5. What are the relationships among planning, budgeting, and forecasting?

6. Discuss ?ye methods commonly used to increase cash inflows.

7. Discuss four methods to decrease cash outflows.

8. The text calls the practice of gaming the payment process "underhanded." What is your opinion of this common practice? Does it have any ethical implications?

Reference no: EM133033265

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