This document discusses cash management and the objectives, motives, and basic problems of holding cash for businesses. It notes that there are three main reasons firms hold cash: to meet daily transaction needs, protect against uncertainties, and take advantage of opportunities. The objectives of cash management are to meet cash disbursements while minimizing idle cash balances. Firms must control cash inflows and outflows, determine optimal cash levels through cash budgeting, and invest any surplus cash. The key motives for holding cash are transactional needs, precautionary needs to address contingencies, and speculative opportunities.