Deviance is always criminal behavior. b. Deviance is behavior that violates the standards of conduct or expectations of a group or society. c. Deviance is perverse behavior. d. Deviance is inappropriate behavior that cuts across all cultures and social orders.
Cash management is a set of strategies or techniques a company uses to collect, track and invest money. Although cash by definition refers only to paper or coin money, in cash management, companies usually also work with cash equivalents such as checks.
Cash is a vital part of working capital; therefore, in Paper II, of which one of the topics is working capital management, students are expected to demonstrate sufficient knowledge in cash management techniques such as cash budgets and cash mathematical models in order to assist a company to manage its cash properly. This article starts by introducing the objectives of cash management, followed by a discussion on what a cash budget is and how the cash mathematical model, in particular the