Answer Posted / kolluru venkatesh
A cash management technique employed by companies holding funds at financial institutions. Cash pooling allows companies o combine their credit and debit positions in various accounts into one account, and includes techniques like notional cash pooling and cash concentration. Notional cash pooling has the company combine the balances of several accounts in order to limit low balance or transaction fees. Cash concentration or zero balancing has the company physically combining various accounts into one single account.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
why i want to join Hawkins company
what is use of cost center category in tally ? why & when use this ? what is benfit ?
Role-specific management accountant job interview questions:
Explain what a deferred asset is and give an example?
What is consignment cycle.?Explain the steps involved in the Consignmet..?
How i should sellone the mobile phone when interviewer will ask sell this phone to me?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
Discuss the consistency concept in accounting
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10
What are the disadvantages of double entry system?
What is tally and its features?
what is the method deposit of wct in Delhi
What are source documents in accounting?
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.