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Question 111 pts
_________ is the difference between when the money goes out and when it comes in.
Accounts payable
Difference gap
Spending gap
Float
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Question 121 pts
According to the book, an owner needs what percent of initial equity for a new venture.
50
100
150
200
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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.
25
50
75
100
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Question 141 pts
The cash flow statement determines a most likely case scenario; this is called:
Gap analysis
Deficit analysis
Sensitivity analysis
Forecast analysis
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Question 151 pts
A _______ is a summary of the assets and liabilities of the small business.
pro forma
balance sheet
current assets
cash flow
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