OCR GCSE Business · J204
Paper 2
Revise: Importance of CashLiquidity means being able to meet short-term debts and expenses using readily available money. Having sufficient cash provides this liquidity.
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GCSE Business · key term
The ability of a business to meet its short-term debts and expenses using money that is readily available.
Used by OCR
Paper 2
Revise: Importance of CashLiquidity means being able to meet short-term debts and expenses using readily available money. Having sufficient cash provides this liquidity.
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