Question 11 1 pts _________ is the difference between when the money goes out and when it comes in.

Question 111 pts

_________ is the difference between when the money goes out and when it comes in.

Accounts payable

Difference gap

Spending gap

Float

Flag this Question

Question 121 pts

According to the book, an owner needs what percent of initial equity for a new venture.

100

150

200

Flag this Question

Question 131 pts

The cash flow statement is used to describe _________ percent of the activities that provide and use cash during a specified period of time.

100

Flag this Question

Question 141 pts

The cash flow statement determines a most likely case scenario; this is called:

Gap analysis

Deficit analysis

Sensitivity analysis

Forecast analysis

Flag this Question

Question 151 pts

A _______ is a summary of the assets and liabilities of the small business.

pro forma

balance sheet

current assets

cash flow