Accuracy of cash forecasts


Assignment:

A major food and beverage manufacturer with three major divisions, 150 countries of operation, and international revenues accounting for 15% of total revenues of $6 billion conducted a treasury audit. It gathered data in the following areas: (a) local reports put out by the subsidiaries; (b) cross-border reports prepared by regional headquarters; (c) the system’s organization; (d) transmission of data among subsidiaries, regional headquarters, and parent headquarters; (e) possible computerization of local reporting systems; (f) local bank-balance reports; and (g) the accuracy of cash forecasts. What information should the company be looking for in each of these areas and why?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Operation Management: Accuracy of cash forecasts
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