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at the seldon inn, cash is deposited daily, employees use a voucher system, and cash-handling duties are segregated. these practices and policies are most likely in place to achieve:

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To ensure that the most cost-efficient and efficient cash flow strategies are used to finance federal programs, cash management regulations and procedures are in place.

What is a cash management policy?

  • The management of a company's operations, business activities, financial investments, and financing activities all fall under the umbrella of cash management.To survive, a business needs to produce enough cash flow from its operations so that it can pay its bills, recoup its investors' money, and grow.
  • Collecting current assets in cash is a business owner's top priority when it comes to cash management.This is so that present liabilities can be paid off using the funds in question.Planning for your long-term financial needs is crucial.
  • The following are some top tips for controlling cash flow:Observe your cash flow very carefully.Regularly make estimates....Recognize problems early.comprehend fundamental accounting...Have a backup plan in case of emergency.Grow cautiously.invoice right away.Make efficient use of technology.

To learn more about cash management policy refer

https://brainly.com/question/14012843

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