The impact of cash control system in the pastoralist societies: a case study of Ngorongo Pastoralist Council -Arusha Tanzania

dc.contributor.authorMbai, Lekumok Ikayo
dc.date.accessioned2020-07-28T08:53:34Z
dc.date.available2020-07-28T08:53:34Z
dc.date.issued2010-05
dc.descriptionDissertation submitted to the School of Business and Management in partial fulfillment of the requirement for the Award of the Degree of a Bachelor of Business Administration of Kampala International Universityen_US
dc.description.abstractThis research studies the impacts of cash control system on pastoralist societies. Cash is a vital resource for a not-for-profit organization. To maintain financial viability, the organization must have enough cash to pay its bills. Accrual basis financial statements can report an excess of revenues over expenses but this does not necessarily mean that there is cash in the bank. Cyclical and seasonal fluctuations also have an impact on an organization's cash. Cash inflows and outflows for most not-for-profits typically fluctuate throughout the year. This increases the importance of the budgeting process because obligations must be met on a timely and consistent basis. The organization must plan ahead for those periods when cash inflow tends to be less than cash outflows. Postponing expenditures or accelerating constituent billings are two options for solving the problem. Once the annual operating and capital budgets are authorized, they can be converted into cash flow budgets to verify the availability of resources and to highlight times of lower than expected cash flow. A model cash flow budget reflects a policy decision to maintain a minimum cash level. Organizations need to plan from day one to build working capital reserves equivalent to at least several months of operating expense. When excess cash reserves have accumulated, the organization must plan for temporary cash investments to maximize the return on those resources. As much money needed as possible it should be kept in federally insured, interest bearing accounts to maximize an organization's yield on its cash. Short term investments of excess cash should be chosen to balance maximization of interest earned with emergency access to the invested cash.en_US
dc.identifier.urihttp://hdl.handle.net/20.500.12306/11761
dc.language.isoenen_US
dc.subjectCashen_US
dc.subjectControl systemen_US
dc.subjectPastoralisten_US
dc.subjectSocietiesen_US
dc.titleThe impact of cash control system in the pastoralist societies: a case study of Ngorongo Pastoralist Council -Arusha Tanzaniaen_US
dc.typeOtheren_US
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Lekumok Ikayo Mbai.pdf
Size:
2.76 MB
Format:
Adobe Portable Document Format
Description:
License bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description: