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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 972 |
Essay's paper body
Maintaining computerized cash management system allows financial management to locate and verify the funds that are present to the company for any interest in overnight investments. This tool allows float to be nonexistent since the costs are already being deducted from the account at the time of process...
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“The combined volume of commercial and government transactions through automated clearinghouses is over 4.5 billion and accounts for over $14 trillion in electronic funds transfers†(Block, Stanley B., 2005).
In similarity of transfer funds electronically, corporations also have the availability transferring funds country to country...
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