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There are many accreditations mentioned in the chapter. Why are such accreditations considered important?
Synchronization of Cash Flows
The strategic timing of income and expense cash flows to ensure liquidity and optimize financial performance.
Cash Management
The strategy for managing a company's or an individual's financial operations, such as collecting, investing, and managing cash and liquid assets.
Outsourcing
The practice of purchasing components rather than making them in-house.
Intermediate Components
Components or parts used in the production process that are not final products but are incorporated into other goods.
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