Analysis of Cash Budget (Grade 12 NSC Matric Accounting): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Cash budgets track
Cash budgets track
Actual cash movements in and out of business
Items included in cash budgets
Items included in cash budgets
Only items affecting actual cash flow
Non-cash items excluded from cash budgets
Non-cash items excluded from cash budgets
Depreciation, bad debts provisions
Monthly salary per employee formula
Monthly salary per employee formula
Total salary ÷ Number of employees
Percentage increase formula
Percentage increase formula
(New - Original) / Original × 100
Interest rate on fixed deposit formula
Interest rate on fixed deposit formula
(Annual interest / Deposit amount) × 100
Rental per square metre formula
Rental per square metre formula
Total rent ÷ Total square metres
Variance analysis purpose
Variance analysis purpose
Compare actual vs budgeted figures
Three steps of variance analysis
Three steps of variance analysis
Compare, evaluate significance, provide comments
Key exam tip for cash budget analysis
Key exam tip for cash budget analysis
Always show your workings