Cash Budgets - Financial Services
Business
4th Grade
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The heading on our cash budget should include?
The words Cash Budget
The time period e.g. April - June
The year
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The first row of our cash budget should be...
Closing Balance
Opening Balance
Receipts
Payments
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total receipts should also include the value of the opening balance?
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The closing balance is calculated by....
Opening Balance - Total Receipts - Total Payments
Opening Balance + Total Receipts + Total Payments
Closing Balance + Total Receipts - Total Payments
Opening Balance + Total Receipts - Total Payments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan is an example of a...
Receipt
Payment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A loan repayment is an example of a...
Receipt
Payment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A travel expenses are an example of a...
Receipt
Payment
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