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Why is cash the only thing that can settle a business bill?

A

A supplier, landlord or employee cannot be paid until the business has made a profit for the month.

B

A supplier, landlord or employee cannot be paid because sales revenue is only recorded at the end of the year.

C

A supplier, landlord or employee cannot be paid with a product that has not yet been sold.

D

A supplier, landlord or employee cannot be paid with a sale that has not yet become money.

Card 1 of 24

1.3.3a The importance of cash to a business Flashcards

  1. GCSE
  2. /Business
  3. /1.3.3a The importance of cash to a business

24 flashcards on Edexcel GCSE Business 1.3.3a The importance of cash to a business: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.

Flashcards