Examlex
Provide a short answer to each of these questions. Be sure to fully explain your answer.
-What are the impacts of a global economic recession on employee loyalty?
Collected
The process of receiving payment for goods or services provided, often referring to the actual receipt of cash.
Minimum Cash Balance
The lowest amount of cash a business determines it needs on hand to meet its operational requirements.
Preliminary Cash Balance
An initial estimate of a company's cash balance at the beginning of a financial period, before any adjustments are made.
Cash Receipts
The total amount of cash collected by a business during a given period, including all sources of income.
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