All sourced information must be accompanied by at least 3-4 lines of student-written, original text, explaining each line of quoted content. Quoted, summarized, or paraphrased material, derived from a source must always be cited/referenced. Properly credit the author per APA 7 citation guidelines both in-text and as a reference at the end of the response. Cash Flow Processes Question 1 While keeping cash flow management in mind: identify five key processes that are considered the most significant financial issues that must be planned, controlled and managed for the successful completion of a job. Elaborate on how these processes will work together for this purpose. Question 2 Explain how the cost-schedule integration method fails to identify cash disbursements from project expenses. Question 3 Describe how cash flows are different from revenues and expenses. Question 4 Explain how the cash flows of a simple trading business work when it is concentrating on the following three main things: cash, overheads, and inventory. Question 5 Why is cash flow considered predictable and manageable? Question 6 Explain the following statement: “Cash flow is lowest when sales growth (in current dollars) is rapid.” Question 7 Explain the following statement: “The usual measures of cash flow—net income plus depreciation (NIPD) or earnings before interest and taxes (EBIT)—give a realistic indication of a company’s cash position only during a period of steady sales.” Question 8 Explain the most important objective of the cash flow statement. Question 9 What is the most basic tool for assessing and modifying, and categorizing financial activities in a company? Provide an example. Question 10 Why is budget gaming and is it good or bad for budgeting? Defend your answer. Question 11 If a manager reports a positive difference between budgeted funding available and actual spending this will result in what? What does this mean for the company? Question 12 When a manager is analyzing the magnitude of the budget variances for cost centers relative to those of operating expenses, she is targeting what issue? Question 13 Explain how increasing costs to achieve growth works as a strategy to obtain capital for growth. Give an example. Question 14 Explain how customer churn is different than negative market growth. Provide an example. Question 15 What are two of the best practices that can significantly reduce the risk and exposure that comes from not having a methodology in place to alert accounts payable professionals to recovery available from duplicates, overpayments, and fraud?
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