Table 2 shows that the cooperatives almost implemented WCM along current asset management. Although they were not able to fully implement, this seems to manifest that the cooperatives are giving importance on managing the resources being used in their business operation.

As shown in Table 3, the cooperatives almost implemented cash management. The cooperatives have fully implemented a good internal control system for their cash in which they have recording systems such as using record books, ledgers and documents for them to monitor the flow of their cash. These also serve as reliable basis for audit and as a reference for their past transactions. The cooperative primarily give importance on maintaining accurate documents and records and it also reveals that the management have sufficient knowledge, education and training in terms of recording and accounting. The result further reveals that the cooperatives ensure that they maintain sufficient amount of funds for their day-to-day operation. They focus mostly on extending credit to their members, provision of consumer goods, and meeting their disbursal needs that arise in the normal course of business. It is noteworthy also that they fully implement activities such as: depositing their cash to the bank; maintaining cash for their obligations; maintaining petty cash fund for daily disbursements; segregating duties; maintain a positive cash position; conducting internal audits; reconciling bank balances; establishing accountability for cash; and planning for the cash budget.

In Table 4, the result shows that the cooperatives almost implement receivables management. It is noteworthy that the cooperatives established credit policies that are relevant to the issuance and collection of credit or loans issued. It can be observed that they fully implement policies related to granting of credit such as screening, selection, level of credit to be granted, and approval of credit. In terms of credit collection, they fully implement collection policies such as sending reminder letter or demand letters, and imposing penalty for delinquent borrowers.

In Table 5, the result shows that the cooperatives almost implement inventory management. Primarily, they prioritize observing the internal control of their inventories such as conduct of physical inventory count, keeping inventory records, and maintaining audit inventory controls. In addition, they give importance on keeping optimal level of inventory and on monitoring their inventory purchases, systems and turnover.