Accounting Flashcards
1
Q
What is a cash flow forecast?
A
A document showing all of the money going in and and out of a company/project over a period of time
2
Q
Why do we use a cash flow forecast?
A
- allows clients to see when they need drawdowns in the bank
……….
3
Q
What is a balance sheet?
A
4
Q
What is a profit and loss account?
A
5
Q
Why does a business need company accounts?
A
6
Q
Why does a QS need to be able to interpret company accounts?
A
7
Q
Are you aware of any accounting ratios?
A
