Examlex
Which of the following provides the information needed to confirm insights and help managers to pursue appropriate courses of action?
Ledger Balance
The balance of a bank account at the start of each day, including all deposits and withdrawals that have been posted to the account.
Miller-Orr Model
A model used to manage cash balances by setting upper and lower limits on cash reserves, triggering transfers to optimize interest and liquidity.
Upper Limit
The maximum level or boundary allowed or possible, often used in the context of production, spending, or other types of limits.
Cash Concentration
A treasury management strategy where a company consolidates its cash balances into one account to optimize liquidity and manage its cash more efficiently.
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