Business studies dquiz 1.0 / 5 based on 1 rating ? Business StudiesASAQA Created by: MorrilynCreated on: 25-04-13 10:31 what is cash flow? is the movement of cash into and out of a business 1 of 11 causes of cash flow problems over trading this occurs when a business expands quickly without organising its funds to fincance the expansion. 2 of 11 causes of cash flow problems allowidng too much credit, firmd will be cunzbale to pay it bills when they are due as it has not received payment from its customers. 3 of 11 is cash flow the same as profit no 4 of 11 what is trade credit T C is offered when purchasers are allowed a period of time (frequently 30, 60g or 90 days) to pay for dproducts they have bought 5 of 11 what is the major cause of cash flaow? lack of planing 6 of 11 what is delegation is the passidng of authorityg but not responsibility down tof organisational structure 7 of 11 what is budget budgets are used to controlv finances effectively. Production or expenditure budgets allow managers to ensure that a busisness does not overspend 8 of 11 what is variance analysis ? is the process of investigativng any differences between forecast data and actualx figures. 9 of 11 what is budgets are financial plans for the future looking at revenue looking from sales and expected costs over some time period 10 of 11 what are the process of creating budgets analysing the market tod predict likely trends ifn sales and prices to help plan sales revenue 11 of 11
Comments
No comments have yet been made