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17 questions
Cash flow is a measurement of the debt of a company
True
False
Cash flows are completed every two years
True
False
Cash flows relate only to the sales of goods
True
False
A business aims for a positive cash flow
True
False
Cash flows will vary depending on the season
True
False
Cash flows ignore payments from accounts
True
False
Wages is an item found in the cash flow statement
True
False
A positive cash flow is when outflows are greater than inflows
True
False
A car payment is not recorded in the cash flow statement
True
False
Account receivable when paid are an inflow item
True
False
Is a Phone plan an expense or an income?
Is marketing and advertising an inflow or an outflow.
Refunds given by suppliers are an expense
True
False
Purchases of stock are an inflow
True
False
Are wages an expense or an income
Expense
Income
Bad debts is an example of which of the following:
Income
Outflow
Inflow
Interest received from a bank is an example of what?
Expense
Outflow
Inflow
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