Cash management of sports and recreational facilities in Tanay, Rizal calendar year 2015 Chin Deanne A. Garcila, Kimberly M. Nillo
Material type: TextLanguage: English Publication details: 2016Description: xiii, 94 leaves; illustrations (some colors) 28 cmContent type:- text
- unmediated
- volume
Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
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Theses and dissertations | Binangonan College Library Undergraduate Theses | Non-fiction | Not for loan | URSBIN-UGT1398 |
Thesis BSBA-FM University of Rizal System, Binangonan 2017
includes bibliographical references
This study primarily aimed to determine the Cash Management of Sports and Recreational Facilities in Tanay, Rizal Calendar Year 2015. The researchers used descriptive method to determine the Cash Management of Sports and Recreational Facilities in Tanay, Rizal. The questionnaire checklist and interview was the instrument used to collect the necessary data from 8 out of 10 sports and recreational facilities with 28 respondents using statistical treatments such as frequency, percentage, rank distribution, arithmetic mean and one way analysis of variance. With respect to profile of the respondents, majority was from the age bracket of 36 to 40, college graduate and most of them were female and having the positions which includes staffs, assistant managers, cashiers, et cetera Single and married respondents got the same frequency and most of them were having 5 Years below when it comes to their length of service. In the Profile of the Business, most of them were corporation. Majority of them had monthly income of ₱700,000.00 to ₱899,999.00 during peak season and exist for 5 Years below, with an initial capitalization of ₱1,000,000.00 to ₱1,999,999.00 and present capitalization of ₱2,000,000.00 to ₱3,999,999.00 and majority of them had monthly income of ₱100,000.00 to ₱299,999.00 during off or lean season. Their Cash Receipt was to strictly records the transaction involving cash with official receipts on journal while on their Cash Disbursement was to require approval from authorized official before checks are issued. The tested hypothesis had shown that there was no significant difference on the Cash Management of Sports and Recreational Facilities based on Age, Sex, Civil Status, Educational Attainment, Position, Length of Service, Form of Business Organization, Years of Existence, Initial Capitalization, Present Capitalization, and Monthly Income during Lean or Off Season while there was significant difference with regards to Cash Disbursement in terms of Monthly Income during Peak Season. Based on the summary of findings and conclusions, the researchers recommend the following: the financial managers or owners should lessen the cash outflow or expenses even though income is high during peak season, this includes hiring part-time or on-call employees like utility workers, room cleaners, facilitator and some employees that are not regularly needed; the management may improve its marketing strategies; those businesses can continue their cash management in terms of cash receipts because it is one factor of good and effective cash flow; and the researchers also recommend that they can closely monitor and prioritize all cash disbursement transactions to determine the business operating expenses especially during peak season. Moreover, owners, managers, and/or financial managers must think and create innovative gross-efficient methods and strategies to lessen their disbursements in cash and maximize the profit especially during peak season.
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