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Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more
Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer. How would a misstatement in each affect the organization?
Answer:How to manage such kinds:1. Management of cash: Cash should be managed properly and should be as follows:a. Proper recordingb. Rotation of cashier on a certain basisc. Proper safeguard...