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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/8503

Title: CASH MANAGEMENT PRACTICES: A STUDY ON RESIDENTIAL FACILITIES FOR KWAME NKRUMAH UNIVERSITY OF SCIENCE AND TECHNOLOGY STUDENTS.
Authors: Yamoah, Gilbert
Issue Date: 6-Apr-2016
Abstract: This study was conducted to gain information on current cash management practices of the various Halls and Hostels that provide accommodation for Kwame Nkrumah University of Science and Technology (KNUST) Students. Purposive sampling technique was adopted to select the respondents for the study and data was collected mainly through the use of questionnaires. The data collected was analyzed using Statistical Package for Social Sciences (SPSS). The study revealed a worrying situation as unlike the practice in Halls of Residence, majority of the Hostels studied do not adhere to good cash management practices in terms of proper cash planning, control and disbursement. The study also highlighted some factors that pose as a challenge to effective cash management in both facilities which includes inadequate information on avenues to invest cash surplus and finance cash gaps; the seasonal nature of their major cash inflow against all-year-round cash disbursement and the unfavourable economic conditions prevailing in the country. The Researcher recommends a closer partnership between the University and the Hostel facilities by providing training and support on cash management issues for owners and managers.
Description: A Thesis submitted to the Department of Accounting and Finance,Kwame Nkrumah University of Science and Technology in partial fulfillment of the requirements for the degree of Master of Business Administration (Finance Option)
URI: http://hdl.handle.net/123456789/8503
Appears in Collections:College of Arts and Social Sciences

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