Cash flow

___ are items with a monetary value that belongs to a business. They can either be fixed or current

• Cash

• Assets

• Debts

• Overdrafts

___ exist when the debtors are unable to pay their outstanding invoices.

• Assets

• Current assets

• Bad debts

• Stocks

___ is a current asset that represent the actual money a business has.

• Cash

• Debtors

• Stocks

• Capital

___ is a financial document that shows the predicted future flows of funds in and out of a business during a trading period.

• Closing balance

• Current assets

• Cash flow forecast

• Working capital

___ is the financial document that records the actual cash inflows and outflows of a business during a trading period.

• Revenue statement

• Balance sheet

• Cash flow statement

• Debt factoring

___ refers to the value of cash left in a business at the end of each month as shown in a cash flow forecast or statement.

• Opening balance

• Balance sheet

• Closing balance

• Working capital cycle

___ are liquid resources owned by the business, i.e. cash, debtors and stocks

• Fixed assets

• Current assets

• Current liabilities

• Closing balance

___ represent the money that a business owes that needs to be repaid within the next twelve months, e.g. overdraft, creditors and taxes.

• Current assets

• Current liabilities

• Overheads

• Net cash flow

___ is the process of monitoring and managing debtors, such as ensuring only suitable customers are permitted trade credit.

• Overheads

• Working capital

• Credit control

• Debt factoring

___ are businesses that have sold products on trade credit to be collected at a future date.

• Customers

• Stocks

• Debtors

• Creditors