18–3. Cash Management Policies for Best Practices (Chapter 6)

  • ___% of all invested funds shall be capable of liquidation within ___ days of notification. All investments falling below the [investment grade] or requiring more than ___ days to liquidate must be approved in advance by the [officer position]. The following specific investment types can be used without further approval: ________. This policy gives structure to a company’s risk and liquidity requirements, thereby allowing the treasury staff to build an appropriate cash management and investment strategy requiring minimal additional approval for ongoing investment transactions.

    Impacted best practices:

    • Utilize an investment policy

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