It is essential that every finance manager know the intricacies in Funds Management.
Life saving drug of all organizations is the Working Capital.
Breathing in and out is made feasible with this Working Capital only.
Hence utmost care and significance is given to this topic in an organization while meeting our long term and short term commitments especially under inflationary regime.
A few words and definitions will suffice before studying in detail.
Routine activities in an organization depend wholly on this capital.
To run the show effective in all spheres of the management the cash readiness plays a vital role.
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