Answer :
c. revenues minus expenses. Effective cash management strategies help optimize cash flow and improve overall financial stability.
Cash payments refer to the outflows of cash from a company or individual, representing the monetary transactions made to settle obligations, expenses, and purchases. These payments can include various types of expenditures, such as salaries and wages, utility bills, rent or lease payments, inventory purchases, loan repayments, taxes, and other operational expenses. Managing cash payments effectively is crucial for maintaining liquidity, meeting financial obligations, and ensuring the smooth functioning of a business. Accurate tracking and control of cash payments are essential to monitor cash flow, control costs, and make informed financial decisions.
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