Discussion forum 1 | Business & Finance homework help

Prior to beginning work on this discussion forum, read Chapter 5 in the course textbook, Using Financial Accounting.

After reading Chapter 5 in the textbook, address the following:

• Discuss how management can control cash. Your discussion should include what tools management may use to control cash.
• Using the same company and annual financial statements that you chose for your Week 1, Reading and Using the Annual Report Case Study discussion forum, disclose the company’s cash balance, and discuss if you believe the company has too much or too little cash. Be sure to support your opinions with supporting facts from the financial statements.
• Discuss management’s responsibility to establish overall basic internal controls. Provide a real-life example from a work situation where you saw basic internal controls in place.

Your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least one scholarly or credible resource, in addition to the text. Cite your sources in APA Style with in-text citations and a reference list. The Writing Center’s APA: Citing Within Your PaperLinks to an external site. and APA: Formatting Your References ListLinks to an external site. provide instructions and examples.