Page 395 - F1 Integrated Workbook STUDENT 2018

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Chapter 24

Working capital management –

receivables, payables, inventory and

cash.

Outcome

By the end of this session you should be able to:

 discuss policies for the management of trade receivables and trade payables
balances

 evaluate the impact of different trade receivable and payable policies

 discuss the objectives and costs of inventory management

 evaluate the impacts of alternative policies for inventory

 prepare and analyse short term cash flow forecasts

 identify measures to improve a cash forecast situation

 compare and contrast the use and limitations of cash management models and
identify when each model is most appropriate

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 25, 26 and 27 of your Study Text

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