What are the two types of cash reserves?
However, capital and operating are the two main types of cash reserves. Operating cash reserves are built to address shortfalls in the monthly operating expenses. Such reserves can also help: Absorb revenue losses if the annual sales are less than the forecasted number.
Is cash reserve a current asset?
Cash reserves are one of the many ways to manage assets. Money or cash is a current asset and is highly liquid.
What is the cash reserve requirement in South Africa?
Buy Selected Data
country/region | Last |
---|---|
Money Supply M2 (USD mn) | 215,107.664 Aug 2023 |
M2 Growth (%) | 7.3 Aug 2023 |
Reserve Requirement Ratio (%) | 2.5 Sep 2023 |
Foreign Exchange Reserves (USD mn) | 47,394.0 Aug 2023 |
What is another term for cash reserves?
Synonyms of reserve fund (noun saved money) cache. savings. savings account. stash.
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