HBM Cash Budgets (Part 1)

HBM Cash Budgets

(Part 1)

Categorize

Options (8)

Cash Sales

Loan repayment

Bank Loan

Purchases

Government Grant

Rent

Wages

Vehicle Purchase

Receipts or Payments?

Receipts

Payments

Multiple Select

Which of the following are true of cash budgets? (choose all that apply)

• They show anticipated future expenditure

• They show expected receipts and payments

• They help assess potential cash flow problems.

• They show total profit and loss

Multiple Select

What are the main purposes of budgeting? (choose all that apply)

• To plan for the future

• Predict a surplus/deficit​

• Compare actual figures with performance

• To analyse past performance

• To plan profits/losses

Fill in the Blank

Cash budgets can help managers in their ?? making. (key in the missing word)

Fill in the Blank

Cash budgets can help managers ?? projections with actual results. (key in the missing word)

Multiple Choice

In a cash budget, a 'shortage' of cash is a deficit. This is represented by a negative figure.

• True

• False

Multiple Choice

All the money coming into the business such as sales.

• Opening balance​

• Receipts​

• Cash Available​

• Payments​

• Closing balance

Multiple Choice

Cash left at the end of the month after all payments have been taken away from the business receipts.

• Opening balance​

• Receipts​

• Cash Available​

• Payments​

• Closing balance

Multiple Choice

The amount of money you have available at the beginning of the month.

• Opening balance​

• Receipts​

• Cash Available​

• Payments​

• Closing balance

Multiple Choice

The same amount as the closing balance from the month before.

• Opening balance​

• Receipts​

• Cash Available​

• Payments​

• Closing balance

Multiple Choice

All money you expect to go out of your business such as rent, wages or electricity.

• Opening balance​

• Receipts​

• Cash Available​

• Payments​

• Closing balance

Multiple Choice

Opening balance + total receipts = ?

• Opening balance​

• Receipts​

• Cash Available​

• Payments​

• Closing balance

Multiple Choice

Closing Balance = ?

• Opening balance + total receipts - total payments

• Total receipts - total payments

• Opening balance - total payments

Draw

What are the missing figures for (i) and (ii)?

Open Ended

Explain ONE benefit of preparing a cash budget. (1 mark)

Poll

How confident do you feel about Cash Budgets so far???

• Not confident

• Confident

• Very Confident

Draw

Cash Budget - Brain Dump

Write/draw everything you can remember from today's lesson: