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FINANCIAL MANAGEMENT PRACTICES OF TANIKALA NG PAGKAKAISA MULTIPURPOSE COOPERATIVE:  BASIS FOR  INTERVENTION

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Cooperatives have gained prominent attention in recent years as strategic elements to achieve sustainable economic development and greater social cohesion in the context of neoliberal  globalization . Sound  financial management policies and decisions have a marked bearing on the survival and  long-term  success for firms . Financial management has been one of the most critical aspects that have threatened the survival of  enterprises. This issue triggered the researcher to study the Financial Management  	practices  of  Tanikala  ng  Pagkakaisa  Multipurpose Cooperative.

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1. What are the financial management practices of  Tanikala  ng  Pagkakaisa  Multipurpose Cooperative in terms of:  	1.1  Estimation of Capital Requirement  	1.2  Determination of Capital Composition 	1.3  Choices of Funds 	 1.4  Investments of funds  	1.5  Disposal of Surplus  	1.6  Management of Cash  	1.7  Financial Control  2. What are the challenges encountered by  Tanikala  ng  Pagkakaisa   Multipurpose  Cooperative in financial management?  3. What interventions can be proposed?

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Mixed method research design will be applied in this study and will adopt descriptive approach. This  design will allow the study to know the practices applied by TPMC in their financial managemen t.

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The respondents for this research are the selected members, bookkeeper/s, Audit Committee (if available), and the Treasurer of TMPC, at the time the study will be conducted, as they are the concerned people in the field being studied in this research.

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The researcher is ready for your comments and suggestions for the improvement of the manuscript.

FINANCIAL MANAGEMENT PRACTICES OF TANIKALA NG PAGKAKAISA MULTIPURPOSE COOPERATIVE: BASIS FOR INTERVENTION

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