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WorksheetsCash Flow
Total questions: 15
Worksheet time: 12mins
What is cash flow?
The Route of Funds
Money that comes and goes
Money that goes from business to business
Why is the cash flow important?
To know the available cash you have
To know if the business/individual is being efficient with its cash
To avoid negative balances
All are correct
What is Income?
Money that goes
Money that flow
Money that you bring in
What are the 3 types of Income?
Earned
Passive
Regressive
Portfolio
What is an Asset?
debts you owe
anything you borrow
anything you own that has value
Property owned by a person or company, regarded as having value is an __________
asset
liability
net worth
pizza
What is a Liability ?
anything you own that has value
debts you owe
something you borrow
Bills and Loans are examples of ________?
Assets
Liabilities
Net worth
Pickles
Which are examples of expenses?
Rent/Mortgage
Car Insurance
Credit Card debt
Savings account
A thing for which someone is responsible, especially a debt or financial obligation is a _____.
asset
liability
net worth
bacon
What is another word for Wealth?
Rich
Net Worth
Wealthy
Asset-Liabilities=
Net Worth/Wealth
Cash Flow
Income
Expenses
How do you build wealth
Manage your asset and liabilities
Managing your expenses
You can have negative Net Worth.
True
False
