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BUS627 Week 3 TranscriptDownload BUS627 Week 3 Transcript
Prior to beginning work on this discussion forum, read Chapter 5 in the course textbook, Using Financial Accounting.
After reading Chapter 5 in the textbook, address the following:
Discuss how management can control cash. Your discussion should include what tools management may use to control cash.
Using the same company and annual financial statements that you chose for your Week 1, Reading and Using the Annual Report Case Study discussion forum, disclose the company’s cash balance, and discuss if you believe the company has too much or too little cash. Be sure to support your opinions with supporting facts from the financial statements.
Discuss management’s responsibility to establish overall basic internal controls. Provide a real-life example from a work situation where you saw basic internal controls in place.
