business finance Flashcards
1
Q
two example of non current assets
A
land
vehicles
2
Q
examples of current assets
A
stock
account receivables
3
Q
payday loan advantage
A
get the money straight away so will be able to go away on develop
4
Q
payday loan disadvantage
A
high interest rates
5
Q
payday loan advantage
A
anyone qualifies so can receive them easily
6
Q
impact on debt factoring on a small business
A
money receive is less then owed which lowers cash infows for a business
7
Q
purposes of accounting
A
record transaction
planning
8
Q
A