Business GCSE
Timing of cash receipts and payments
What Timing of cash receipts and payments means in Business GCSE, as defined for AQA.
Definition of Timing of cash receipts and payments
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Reference: AQA
Distinguished from profit, which is revenue minus costs, because a profitable firm can still face a cash flow problem if customers pay on credit.
Topics that use Timing of cash receipts and payments
- Cash flow (AQA GCSE)
Related terms
- Cash
- Cash Flow
- Cash Flow Forecast
- Cash flow management
- Cash inflows and outflows
- Closing balance
- Cost control
- Evaluation and judgement
Using Timing of cash receipts and payments in the exam
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