FiCEP Module 3 Questions 100% Solved!!
What does accounts receivable mean? - ANSWERMoney that is owed to a business What does accounts payable mean? - ANSWERMoney that a business owes to others What are considerations for cash flow when running a business? (7) - ANSWER(1) Accounts receivable (2) Accounts payable (3) Cyclical or seasonal income (4) Inventory management (5) Taxes (6) Insurance (7) Retirement benefits What are ways to establish good credit? (9) - ANSWER(1) Paying bills on time (2) Establishing regular savings (3) Maintaining accounts without overdrafts (4) Reviewing credit report to determine errors/unpaid debts (5) Setting up a repayment plan for unpaid debts (6) Proving ability to handle credit (i.e.
Written for
- Institution
- FiCEP Module 3
- Course
- FiCEP Module 3
Document information
- Uploaded on
- June 13, 2024
- Number of pages
- 3
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
ficep module 3 questions 100 solved
-
ficep module 3 stuvia 2024
-
what does accounts receivable mean answermoney
-
what does accounts payable mean answermoney tha
Also available in package deal