ACC 291 Week 3 Practice: Week 3 Discussion Question 2

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ACC 291 Week 3 Practice: Week 3 Discussion Question 2
ACC 291 Week 3 Practice: Week 3 Discussion Question 2
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ACC 291 Week 3 Practice: Week 3 Discussion Question 2

1

Cash flow.

Hello class,

By now, you should understand that a business must maintain an adequate cash flow. From a finance perspective, and in your own words, what is cash flow?

2

Petty Cash

Petty cash is an interesting option that many organizations use for reimbursements and small purchases… describe what “petty cash” is, how it is used, and how one might operate such an account.

 

Initial responses to the conversation prompt should be a minimum of 150 words; responses to other students’ posts should be a minimum of 50 words.  All posts must meet the originality requirements of the University of Phoenix.  Direct copy & paste from resource or outside material will not count toward participation.  You may use outside material, however, it must be properly cited and referenced – and the post must be substantively unique to count toward participation (a simple rule is 75% your input / 25% resource material)