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Importance of Cash — OCR Business J204 | GradeGen
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OCR GCSE Business
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Cash and Cash Flow
Importance of Cash
OCR GCSE Business · J204
Importance of Cash
What you need to know
Explain the critical importance of cash to the survival and operation of a business.
Describe how cash provides necessary liquidity and enables a business to meet its short-term debts and daily expenses.
Revision notes
1
Importance of Cash
3 key terms
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Practise with past papers
Key terms & definitions
Previous topic: Break-even Analysis
Usefulness of Break-even Analysis
Next subtopic
Cash vs Profit
