(a)[2]
Define what is meant by the term ‘cash flow forecast’.
(b)[3]
Briefly explain two limitations for a business of using a cash flow forecast.
Business 9609 · AS & A Level · Forecasting and managing cash flows
Forecasting and managing cash flows — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Definition: a record or forecast of cash inflows and outflows for a business (money flowing into and out of a business)” …
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