17. Improving Cash Flow Flashcards

1
Q

Credit control

A

Monitoring of debts to ensure credit periods aren’t exceeded

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2
Q

Bad debt

A

Unpaid customer bills that are unlikely to ever be paid

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3
Q

Overtrading

A

Expanding a business rapidly without obtaining all the necessary finance

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4
Q

Creditors

A

Suppliers owed money by business

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