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Business strategy
Importance of financial transparency in business management.
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[QUOTE="Mikes smithen, post: 343997, member: 90053"] Financial transparency plays a very important role when it comes to business management and administration. In business there is always an inflow and outflow of cash and from time to time this cash are usually accounted for which of course requires transparency so that trust and loyalty can settle it. It is true that the official or the personnel are signed with the handling of cash must so much be sincere and transparent possibly by vividly and clearly listing down names of money collected and money paid out by the business organization so that proper accounting as well as auditing and decision can be made based on results found. [/QUOTE]
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