Question
Centralized and decentralized cash management
Answer :
Word Count : 347
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Centralized cash management: - A pivot location or group of managerial personnel for the planning and decision making or taking activities of the organization is known as Centralization. In this type of organization, all the important rights and powers are in the hands of the top level management.
In earlier times, centralization policy was the most commonly practiced in every organization to retain all the powers in the central
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