Quiz: Cash vs Profit - Understanding the Difference
AQA GCSE Business 8132
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Building on what you've learned about finance, let's test your knowledge of how cash and profit differ!
What is the main difference between cash and profit?
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Which of the following statements about cash are true? (Select all that apply)
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Profit is calculated by subtracting {{blank0}} from revenue. Cash is the {{blank1}} available at a given moment.
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Match the items on the left with their correct pairs on the right
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Why might a profitable business still experience cash flow problems?
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If a business has £5,000 revenue and £3,000 costs, what is the profit?
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Match the items on the left with their correct pairs on the right
Which of the following could cause a business to have no cash despite making a profit? (Select all that apply)
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A cash flow forecast predicts {{blank0}} inflows and outflows to help businesses avoid {{blank1}} shortages.
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What does it mean when a business is 'cash poor' but 'profit rich'?
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