1) A business which provides other organisations with raw materials or goods. a) Cash Sales b) Suppliers c) Surplus d) Wages 2) A document produced to help a business manage its cash flow. a) Cash Budget b) Closing Balance c) Advertising d) Overdraft 3) This will happen when receipts are greater than payments. a) Advertising b) Deficit c) Surplus d) Suppliers 4) An agreement with the bank to overspend on an account. a) Receipts b) Advertising c) Overdraft d) Cash Sales 5) The amount of money available at the beginning of the month. a) Cash Budget b) Purchases c) Opening Balance d) Wages 6) A paid communication that informs potential customers of a product or service. a) Advertising b) Purchases c) Surplus d) Cash Sales 7) When you are given a product or service at a reduced rate, you are given a...... a) Surplus b) Closing Balance c) Discount d) Cash Sales 8) This is a list of all the money coming into the business. a) Purchases b) Credit Sales c) Advertising d) Receipts 9) Something you acquire by paying for it. a) Purchases b) Opening Balance c) Deficit d) Cash Sales 10) Money a business will receive straight away. a) Cash Sales b) Discount c) Payments d) Deficit 11) The amount of money available at the end of a month. a) Closing Balance b) Advertising c) Cash Budget d) Deficit 12) This will happen when payments are greater than receipts. a) Credit Sales b) Discount c) Surplus d) Deficit 13) Money a business will receive at a later date. a) Surplus b) Receipts c) Credit Sales d) Payments 14) This is a list of money going out of a business. E.g. Electricity. a) Closing Balance b) Payments c) Cash Budget d) Credit Sales 15) Money you pay your staff a) Wages b) Cash Sales c) Overdraft d) Payments

Finance Quiz

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