Merchandising Inventory & Cash Management
This module we are discussing inventory costing systems and inventory flow. How may the inventory reported in the balance sheet be manipulated to affect an investor's opinion regarding the financial health of a business? - Would you share with us some of your experiences or an article or event that demonstrates inventory manipulation? Please, cite your resources clearly. (Hint, Crazy Eddie, Bausch and Lomb, etc..) Do you believe that managers need to know about inventory and receivable fraud? Why? Please provide some examples to share.
What is your understanding of Cash Management Concept? What is wrong of having sometimes too much surplus or too little cash? Can't a businesses compensate for either surplus or shortage any time they want? Have you heard of any business that has cash flow problem? Would you please share it with us.