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Q3 Explain how the following factors may assist in preparing financial and statistical reports for a business: Cash flow Covers ExpenditureOccupancy rates (impact on financial
Q3
Explain how the following factors may assist in preparing financial and statistical reports for a business:
Cash flow
Covers
ExpenditureOccupancy rates (impact on financial return)Sales performanceStock (inventory) levelStaff costsVariances (between income and expenditure)WastageYieldIncomeCommercial account activityCommission earningsDaily, weekly and monthly transaction reportingDepartment/area performanceSales returns on individual products and services
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