The definition of a datum is a fact used to make a conclusion or a point of reference in geography or geology. An example of a datum is a new scientific discovery used to reach a conclusion about the common cold.
How do you estimate minimum cash balance for the company? 2 ways I heard about are: 1) keep it equal to cash balance on B/S and 2) based on Net Working Capital. Is any of those methods preferred? Is there any other school of calculation that? And, if NWC method, then what exactly do you include in calculation (like include or excl.
A cashier may be required to do any or all of the following, depending on where they are employed: 1  Greet customers as they enter the store. 2  Answer questions for customers. 3  Ring up purchases and bag them.  Take payment and give back 1  change. Run credit and debit cards.  Count money at beginning and end of shift, be responsible for the money balancing.