8188166
Description
Flashcards by Humza Butt, updated more than 1 year ago
|
Created by Humza Butt
over 7 years ago
|
|
| Question | Answer |
| What is a cash flow forecast | A projection of cash flow for the near future based on previous expenditure. |
| What are the advantages of Cash flow forecasts? | We can predict the future expenditure of a business. Easy to see options Removes the jeopardy. Can highlight potential problems. Builds Investor condifence. |
| What are the disadvantages of Cash flow forecasts? | Doesn't account for potential, unexspected losses. Only a rough estimate Only accounts for a small portion of the year. May not take into account payments that will affect business in the future. |
| How might selling through a website maximise efficiency and minimise costs? | Stock is displayed virtually. Transactions are automated. Invoices and receipts are sent via email. interactive areas for customer feedback can also be included on a website |
| What are the additional costs through a website. | Cost of designing, maintaining and updating an online site. additional packaging, transportation / delivery costs sold over the Internet. |
Want to create your own Flashcards for free with GoConqr? Learn more.