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
An amount owed by a business that must be paid soon, such as a supplier’s invoice becoming due.
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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