accounting budgeting theory

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bonganator
ID:
108645
Filename:
accounting budgeting theory
Updated:
2011-10-13 04:31:58
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accounting budgeting theory
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budgeting theory
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  1. THE RECEIPTS FROM DEBTORS SCHEDULE INVOLVES MORE ESTIMATION THAT THE PAYMENTS TO CREDITORS SCHEDULE: COMMENT.
    • BUSINESS CONTROLS PAYMENTS TO CREDITORS BUT NOT RECEIPTS FROM
    • DEBTORS.
  2. EXCLUDING
    THE USE OF AN OVERDRAFT OR OTHER TYPE OF LOAN, SUGGEST OTHER POSSIBLE SOURCES
    OF FINANCE
    IMPROVED TRADING OPERATIONS, EG, IMPROVE STO AND DTO

    CAPITAL INJECTION.

    • CHANGE IN OWNERSHIP STRUCTURE, EG, MOVE TO
    • PARTNERSHIP/COMPANY.

    REDUCE PERSONAL DRAWINGS.

    LEASE NOT BUY NON CURRENT ASSETS

    LIQUIDATE UNPRODUCTIVE NON CURRENT ASSETS.
  3. EXCLUDING
    DEBTOR RECEIPTS, CAPITAL INJECTION, GST FROM SALES AND LOANS, IDENTIFY REASONS TO EXPLAIN HOW CASH CAN INCREASE WITHOUT REFLECTING ON REVENUE
    PREPAID SALES/REVENUE.

    GST REFUND FROM ATO

    ACCRUED REVENUE RECEIVED.

    CASH PROCEEDS FROM SALE OF NCA.

    GST RECEIVED ON PREPAID REVENUE
  4. WHAT SHOULD A BUSINESS DO WITH THEIR CASH SURPLUS?
    INVEST IN HIGH DEPOSIT/ACCOUNT.

    REDUCE DEBT/GEARING.

    INVEST IN REVENUE GENERATING ASSETS.

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