QUESTION 9

1. Which of these is not a strategy to improve cash inflow?

   		Offer incentives to debtors for prompt payments
   		Sell off unnecessary non-current assets
   		Increase expenditure on non-current assets
   		Increase sales
   		All are strategies to improve cash inflow

1 points

QUESTION 10

1. An interrelated set of budgets for a future period is known as:

   		a flexed budget
   		a program budget
   		an assembly of budgets
   		a master budget
   		there is no term used for a set of budgets

1 points

QUESTION 11

1. The schedule of debtors receipts is prepared to provide information for the:

   		sales budget
   		cash budget
   		production budget
   		budgeted income statement
   		none of the above

1 points

QUESTION 12

1. The favourable variance is:

   		budgeted payments for rent $50000, actual rent $55000
   		budgeted payment for advertising $18000, actual advertising $17500
   		budgeted payment for wages $32000, actual wages $34000
   		budgeted payment for interest $700, actual interest $700
   		payment for electricity $3300, budgeted electricity $2800