Finance - Cash Flow
Authored by Cari Crosbie
Business
1st - 10th Grade
Used 2+ times
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7 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following are examples of cash out (expenses) on a cash budget: (you can select more than one answer)
Wages
Bank Loan
Rent
Income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________is the amount of money you have available at the beginning of the month on a cash budget.
Cash in
Opening Balance
Cash Available
Closing Balance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
On an income statement _________ is the total amount of money the business has made from selling products or providing a service
Gross Profit
Sales Revenue
Expenses
Profit for the year
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
All types of organisations must PUBLICLY produce an income statement.
False
True
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gross Profit is sales revenue minus ______.
Cost of Sales
Expenses
Profit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash flow is the money going out of a business only
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A benefit of using a cash budget is...
It can be time consuming
It can predict any cash shortages a business may face
It can be expensive to prepare
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