Cash Control Banking Activities: Introduction
Cash is the most liquid of all financial assets. Therefore, it is important to manage cash. Cash management refers to planning, controlling, and accounting for cash transactions and cash balances.
This section explains how to protect cash, how to open a checking account, how to make deposits, endorsements, and write checks.
The final part of this section explains the key terms used in this section. Short questions, fill in the blanks, and multiple choice questions are given to test your understanding.