Cash Management Practices of a Local Government, English homework help
There will be FIVE required questions for each case study, conduct a brief discussion of your answers to each required questions.
2. a brief summary of the Five selected articles questions and how they relate to the discussion topic.
Your initial posting in a new thread must be more than 200 words with at least five references in APA format .
1. There will be FIVE required questions for each case study, conduct a brief discussion of your answers to each required questions.
2. a brief summary of the Five selected articles and how they relate to the discussion topic.
Your initial posting in a new thread must be more than 200 words with at least five references in APA format .
“ Learning from Experience: Cash Management Practices of a Local Government” by Dr. Aman Khan, and answer the following questions.
1. What objectives does a cash management program serve for a government? Why should a government prefer cash flow data to accounting and other financial data in making financial decisions? Develop an aggregate cash flow scenario for the operations of a government and contrast it with that of a nonprofit organization.
2. Define cash budgeting. Why is it important to prepare cash management on a regular basis? What other methods could you suggest for cash flow forecasting besides the ones suggested in the article? Discuss the disadvantages and advantages of these methods.
3. Define and distinguish between collection and disbursement float. Explain how a lock box works and how its use can increase the collection float. What are the tangible benefits of a wire transfer system? Discuss the role of the Federal Reserve and the lead bank in this regard.
4. What is excess balance? Why should a government have excess for idle balance even when cash is transferred daily from the field banks? Explain how concentrating cash into a central cash pool is superior to manage funds in many smaller balances at various banks.
5. What is considered to be the most liquid of money market securities? Why? Discuss the factors a government should consider in investing its idle balances in money market securities.
