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ACC100 Strayer Week 7

by | Mar 18, 2023 | Uncategorized | 0 comments

  

I’m working on a business discussion question and need an explanation and answer to help me learn.

Managing cash is important for every business. As we learned in the video this week, Darrell needs to understand his cash inflows and outflows for his business to succeed. This is true for any business. Unless a business owner or manager understands cash, the business may be going down the wrong path. Take a moment and think about your current or former place of employment. Identify at least two ways cash is used and two ways management can control the amount of cash being used by the business.

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