Quelpr
4 marksFinancial Statements and Users of Accounting Information

CAPE Management of Business Unit 1 · 2016 · Paper 2 · Question 6(a)(ii)

Tropical Juices Ltd, a small juice manufacturing firm owned by Bill, is reviewing cash flow and budget data.

Outline TWO advantages of a cash flow statement to the operations of Bill's business.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 6(a)(i)Define the term 'cash flow statement'.[2 marks]
  2. 6(b)(i)Define the term 'Variance'.[2 marks]
  3. 6(b)(ii)Define the term 'Budget'.[2 marks]
  4. 6(c)Calculate the variances for EACH department at Tropical Juices Ltd.[3 marks]
  5. 6(d)Explain FOUR benefits of budgeting to Tropical Juices Ltd.[12 marks]

More practice: the rest of this paper · more Financial Statements and Users of Accounting Information questions · all CAPE Management of Business Unit 1 past papers