What activities are necessary to liquidity management? How d
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What activities are necessary to liquidity management? How does liquidity management contribute to a non-profit organization's mission? How is liquidity management used in your organization or an organization with which you are familiar? Explain your answer.
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The solution suggest what activities are necessary to liquidity management.
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In liquidity management, the financial manager needs to constantly be aware as to if there is enough in cash and current assets to meet current obligations. Because the non-profit organization typically operates with less cash and is less liquid than a for-profit organization, the financial manager must be extremely cautious in maintaining adequate liquidity as far as current liabilities are concerned, and also ...
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