Current assets as one of the management tolls of business organization are very

important in the proper function of business and achievement of organizational goal.

Current assets are those assets that are readily without loss in value and interfere nce in

the normal process of the business. Management on the other hand involves getting

things done through other people by planning,organizing and cordinating. It is also a

socialand technical proves that utilizes resou rces and changes human behaviors in the

desired direction in order to elicit contribution that will accomplish the objectives of the

organization.

Current asset management includes - managerialdec isions on how the various

component of current asset are to be financ ial as well as planned policies on the

composition level to be maintained and control to be exerc ised. Current assets

comprises of cash. inventories,