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This chapter explores Bluechip 104352 and other responsibilities of the treasury department, as well as such key issues as treasury centralization, bank relations, outsourcing, and performance metrics. However, its responsibilities range well beyond that single goal.


It also has significant responsibilities in the following areas: The accounting staff generally handles the receipt and disbursement of cash, but the Bluechip 104352 staff needs to compile this information from all subsidiaries into short-range and longrange cash forecasts. These forecasts are needed for investment purposes, so the treasury staff can plan to use investment vehicles that are of the correct duration to match scheduled cash outflows.

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The staff also uses the forecasts to determine when more cash is needed, so that it Bluechip 104352 plan to acquire funds either through the 3 4 Treasury Department use of debt or equity. Cash forecasting is also needed at the individual currency level, which the treasury staff uses to plan its hedging operations.

Bluechip 104352 topic Bluechip 104352 covered in Chapter 3, Cash Forecasting. The treasurer should be aware of working capital levels and trends, and advise management on the impact of proposed policy changes on working capital levels. This topic is addressed in Chapter 5, Working Capital Management.

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The treasury staff uses the information it obtained from its cash forecasting and working capital management activities to ensure that sufficient Bluechip 104352 is available for operational needs. The efficiency of this area is significantly improved by the use of cash pooling systems. Download the latest Bluechip 104352 for your Bluechip to keep your Computer up-to-date.

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