Cash Budget

Which three are examples of payments that might appear in a cash budget?

• Purchases

• Sales

• Rent

• Wages

How is the CLOSING BALANCE calculated?

• Payments - Sales Revenue

• Total Cash

  Available - Payments

• Receipts + Payment

• Payments + Opening Balance

Which two are ways a company can avoid a Negative Closing Balance?

• Reducing Payments

• Increase Staff Wages

• Purchasing New Premises

• Increased Sales Revenue

Which of the following represents the OPENING BALANCE?

• Closing Balance - Payments

• Total Cash Available - Receipts

• Previous Month's Closing Balance

• Receipts + Payments

How do you determine the TOTAL CASH AVAILABLE?

• Opening Balance + Receipts

• Payments - Opening Balance

• Receipts - Closing Balance

• Sales Revenue + Payments

"The amount of money a business ends the month with; Total cash available - total payments"

• Opening Balance

• Sales Revenue

• Closing Balance

• Wages

Which of the following best describes SALES REVENUE?

• Total income from sales before expenses

• Cash available after payments

• Opening Balance + Receipts

• Payments - Receipts

"Money spent during the month (Cash Out)"

• Payments

• Sales

• Receipts

• Cash