Currency and cash audit

Author: Wang Zhenlin
Publisher:
Publish Date: 2004-01-01
Features: Monetary funds refer to the portion of funds that remain in the form of money during a company's production and operation activities. They are an important component of a company's assets and also the most liquid type of asset among them. Any company engaged in production and operation activities must hold a certain amount of monetary funds, as holding monetary funds is a fundamental condition for such activities. In accounting, monetary funds typically include cash, bank deposits, and other widely accepted means of circulation, such as bank drafts, bank bills, local deposits, and credit card balances.