Back to quiz

6. Increasing sales and thus expenses, but with no cash received until a later date is...

  • Overtrading
  • Credit Sales
  • Seasonal factors

7. sale and lease back of assets is...

  • selling an asset and then 'renting' it back from the buyer
  • selling an asset then claiming it back
  • selling an asset then buying it back

8. Cash is

  • money made from sales that is designated to costs within the business
  • profit
  • sales revenue

9. Stockpilling is...

  • Tying up assets in stock
  • when products do not sell well
  • low sales revenue or high costs during certain times of the year

10. Change in trends can also be known as...

  • overtrading
  • change in tastes
  • seasonal factors

11. poor market research or budgetary control leading to cash shortages is a...

  • management error
  • change in taste
  • over-investment