Analysis of Cash Budget (Grade 12 NSC Matric Accounting): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
What do cash budgets specifically track?
What do cash budgets specifically track?
Actual cash movements in and out
Which item is excluded from cash budgets?
Which item is excluded from cash budgets?
Depreciation on assets
Which transaction is included in a cash budget?
Which transaction is included in a cash budget?
Loan interest payments
Total salaries are R25,500 for 3 employees. What does each earn monthly?
Total salaries are R25,500 for 3 employees. What does each earn monthly?
R8,500
Wages rise from R3,400 to R3,672. What is the percentage increase?
Wages rise from R3,400 to R3,672. What is the percentage increase?
8%
R468,000 deposit earns R3,315 monthly. What is the annual interest rate?
R468,000 deposit earns R3,315 monthly. What is the annual interest rate?
8.5%
Rent is R24,600 for 60 square metres. What is the cost per square metre?
Rent is R24,600 for 60 square metres. What is the cost per square metre?
R410
What is the first step in variance analysis?
What is the first step in variance analysis?
Compare actual with budgeted figures
What does variance analysis help management identify?
What does variance analysis help management identify?
Areas where costs are out of control
What is an essential exam technique for cash budget analysis?
What is an essential exam technique for cash budget analysis?
Always show your workings